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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Moominoid who wrote (120909)5/6/2008 12:20:43 AM
From: Jim McMannisRead Replies (1) of 306849
 
Rent-free homeowners keep economy from stumbling

californiahousingforecast.com

ref=patrick.netThis year, 93,000 California homeowners received a Notice of Default, meaning they had not paid their mortgage for at least 3 months. Since last September, 145,000 borrowers have the privilege of living rent-free.
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