U.S. Foreclosure Rate 6 per 1000 July 15, 2008
Posted by Conrad Hubbard in : The Chip , trackbackFor those paying reasonably close attention to the nightly news, my blog surely isn’t anything resembling new news. However, I really found the new rate pretty scary. Carried across millions of people in America, this means that there are an awful lot of people losing their homes. If the statistics here are correct, where 3 per 1000 equals nearly 250,000 foreclosures, then we have now hit 1/2-million foreclosures and counting. Ugh.
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