The report shows that nearly 528,000 homes were foreclosed on in the first six months of the year, and 1.7 million more homes received foreclosure warnings. If this rate continues, bank foreclosures are predicted to hit the one million mark before the end of 2010, a significant increase from 900,000 homes taken by lenders in 2009.
Rick Sharga, a senior vice president of RealtyTrac, stated that the historical average for foreclosed homes is a mere 100,000 homes per year, indicating just how far the market has fallen.
Between January and June, there were 8 percent more homes taken by lenders than during the same six months of 2009. The second quarter of 2010 was especially devastating, setting a new quarterly record at 269,062 homes seized, a surge of 38 percent compared to the second quarter of 2009.
In Massachusetts, foreclosure deeds over the first six moths of 2010 rose 56.7 percent to 7,431 from 4,742 during the same period in 2009, according to The Warren Group.
very useful article and can actually be applier to a much wider set of topics
Posted by: ysl sunglasses | December 12, 2010 at 08:46 PM
The rains really don't depart until late September or early October. Sometimes it stays longer.
That's why I remember standing in the rain and feeling (and smelling) like a wet dog during the days Don Shula and Jimmy Johnson were the Dolphins coaches -- because both coaches forced their teams to practice in the elemenasfdts. And the media had to stand there and watch.
Shula would contend practicing in the rain would prepare his teams for dealing with the rain when it came down during the regular season. Johnson believed the practices in the rain toughened up his team.
Posted by: cheap jordans | May 30, 2011 at 03:25 AM
A lot were affected. But the market starts to climb up now.
Posted by: tile cleaning phoenix | December 22, 2011 at 01:19 AM