Wednesday, April 25, 2007

Detroit leads nation in first quarter foreclosure rate (freep)

It just keeps coming.
"Continuing a trend from 2006, metro Detroit posted the highest rate of real estate foreclosures during the first three months of 2007, with one foreclosure filing for every 51 households."

2 comments :

Laura said...

Geez, that's sad and grim...things sure aren't looking good for homebuyers.

Nate said...

And from the... "the glass is neither half full, nor half empty, but over-engineered department..." Talk about a buyer's market... almost 1 out of 2 homes in foreclosure... there are deals to be had my friends... deals to be had...