U.S. foreclosures rise sharply in July

spinbaby

(1000+ posts) Send PM | Profile | Ignore

Tue Aug-21-07 07:37 AM
Original message

U.S. foreclosures rise sharply in July

Source: AP

LOS ANGELES - Foreclosure filings rose 9 percent from June to July and surged 93 percent over the same period last year, with Nevada, Georgia and Michigan accounting for the highest foreclosure rates nationwide, a research firm said Tuesday.

The filings include default notices, auction sale notices and bank repossessions. The figures are the latest measure of the ailing housing market, which has seen defaults and foreclosures soar as financially strapped borrowers have failed to make payments or find buyers.

Read more: http://news.yahoo.com/s/ap/foreclosure_rates;_ylt=AmjeVyo_4EQKaT6b4klsBu0DW7oF

Printer Friendly | Permalink | | Top

BlueJazz

(1000+ posts) Send PM | Profile | Ignore

Tue Aug-21-07 07:53 AM
Response to Original message

1. That's right Folks!...Keep voting for those "Family Value" Republicans...

They'll bring you ALL together.

...At the nearest Salvation Army Shelter.

Printer Friendly | Permalink | | Top

fed-up

(1000+ posts) Send PM | Profile | Ignore

Tue Aug-21-07 09:26 AM
Response to Original message

2. if you are buying a foreclosure be sure to ask neighbors/police about former meth labs...

Printer Friendly | Permalink | | Top

CANDO

(1000+ posts) Send PM | Profile | Ignore

Tue Aug-21-07 11:22 AM
Response to Original message

3. My right-wing brother says Americans have never had it so good.

He even proved it to me by sending me Rush's radio show transcripts. I sent this story to him and agreed these are indeed the "good times". Un f-ing believable!

Printer Friendly | Permalink | | Top

sarcasmo

(1000+ posts) Send PM | Profile | Ignore

Tue Aug-21-07 04:35 PM
Response to Reply #3

6. My winger-in-laws say the same thing and always quote Rush.

Edited on Tue Aug-21-07 04:35 PM by sarcasmo

Easy to brainwash the sheep.

Printer Friendly | Permalink | | Top

gasperc

(1000+ posts) Send PM | Profile | Ignore

Tue Aug-21-07 11:38 AM
Response to Original message

4. hmmm...the August numbers will be interesting

or horrifying

Printer Friendly | Permalink | | Top

sarcasmo

(1000+ posts) Send PM | Profile | Ignore

Tue Aug-21-07 04:30 PM
Response to Original message

5. This is only going to get worse.

Kick and Nom.

Printer Friendly | Permalink | | Top

DU AdBot (1000+ posts)

Tue Apr 30th 2024, 08:17 AM
Response to Original message

Advertisements [?]

Top

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.