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Re: OptionMonster post# 16162

Tuesday, 03/11/2008 10:11:56 PM

Tuesday, March 11, 2008 10:11:56 PM

Post# of 72997
This one is truly amazing. Foreclosure takes a year... so these are representative of the housing losses from 6-12 months ago. Once they sell at sherriff's sale, and then 6 months for the original owner to pay and reclaim the property before giving up a deed. The increases we have been talking about have not financially had their impact yet IMO. Look at the exponential increase in the projections......

http://www.currentforeclosures.com/Stats/projected.asp

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