TX and Fla lead nation in home foreclosures

[rainbow4321]

Hmm..let's see. What do these states have in common? Oh, yeah, the shrub crime family as past/current govs.. and then the final nail in their financial coffins: shrub being appointed as prez:

http://www.dallasnews.com/s/dws/bus/stories/052705dnbusforeclosure.e938a5f9.html

Dallas may lead in foreclosure rate

RealtyTrac Inc. said Thursday that the Dallas-Fort Worth area had one foreclosure for every 319 households – more than 5.5 times the national average.

That's the highest rate among the five largest cities RealtyTrac follows. Texas was also the country's home foreclosure king in the survey, which was based on April foreclosure postings.

"Texas has consistently produced an above-average number of properties in some stage of foreclosure," James J. Saccacio, RealtyTrac's chief executive, said in a statement. "The Dallas-Fort Worth area exemplifies this trend with foreclosure rates double the state average."

Ranked by the number of houses scheduled for foreclosure sale in April:
1. Texas 9,672
2. Florida 9,506
3. New York 3,024
4. Arizona 2,386
5. Pennsylvania 1,790

[NYC]

1. This is noteworthy.

We should follow this.

[Elwood P Dowd]

2. Since Bushit was elected, the US leads the world in negative stats

What else is new? :mad:

[BeTheChange]

3. Judging from the housing bubble and ARMs

Id wager a guess that Cali will be up there soon.