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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: CalculatedRisk who wrote (74302)11/18/2006 10:42:59 AM
From: John Vosilla  Respond to of 110194
 
That shouldn't surprise you. I would expect California and Florida among others to easily surpass the rates of foreclosures currently going on in 'not bailed out due to low appreciation' states like Texas, Georgia and Colorado. Perhaps 1 in 75 homes in foreclosure and 15%+ of the resale market being REO's...