Foreclosure statistics
March 31st, 2009
Hi,
I heard some astounding statistics today regarding foreclosures. Stats for the 4th quarter of 2008 were released earlier this month. During the 4th quarter more than 11% of all loans were in default. 3.3% were in foreclosure. If you truly want to get a measure of how much of an effect the sub prime market has had on the economy you only have to look at the tremendous disparity betwee ...