Foreclosures Are Highly Regional

I showed the Realty Trac chart last week showing foreclosure action by state — but the following chart really shows how highly regional foreclosure activity is:Three states accounted for half of the country’s foreclosure-related activity;  The top 10 states accounted for 75%.


via The Mortgage Reports

Originally published at The Big Picture and reproduced here with the author’s permission.

2 Responses to "Foreclosures Are Highly Regional"

  1. Guest   July 23, 2009 at 10:37 am

    Is help coming to states in need?

  2. Guest   July 24, 2009 at 2:07 am

    Sell all the failure states to the PRC for $3trillion, take a “note” for the last trillion they don’t have in US currency. Heck, those states don’t even add up to 40% of our population, who cares? I live in NYC near GS -THEY WILL NEVER PLUNDER NYC!!!(Just destroy the 98% of the population which is not in their service)Don’t any Americans realize that our sad system of government can NOT fight massive internal conspiracy of this nature? Obama shares many characteristics of our former President Carter(I believe) ostensibly an inept Do-Gooder. Except, I don’t think Jimmy was bought and paid for by the enemies of our country, the banksters.I hope we don’t shut Guantanamo permanently. Instead of Ski vacations we can send some Vampires for “Surfing Instruction”!