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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: ild who wrote (5248)9/12/2002 4:01:53 PM
From: Lizzie TudorRead Replies (1) of 306849
 
and on the other hand we have record number of foreclosures.

RD Buschman, on the amazon thread, said that while today's forclosures are a record at 1.23%, the last record was set in Q1 1999 at 1.14%.

If thats the case I would attest that the increase in foreclosures is less economic than the WSJ implies. Maybe more aggressive mktg on the part some lenders = more foreclosures, regardless of the economic climate. L
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