18
Sep

Bad news for Florida, worse news for two other states.

   Posted by: RobPatton   in Life Stuff, Money

 

forclosure.jpg

Florida #3 In The Country For Home Foreclosures

 

New information released about home foreclosures shows Florida is near the top of the list. More than 30,000 homeowners faced foreclosure in August. Yet another kick to the nads of the Home Building industry, but a boom to the bankruptcy attorneys in Fl. The whole issue leaves me torn. On the plus side, the Fed dropped the rate to 4.75% today. That will slow down the spiral, I hope. Some people, mainly those with an ARM, are just screwed.

This entry was posted on Tuesday, September 18th, 2007 at 2:27 pm and is filed under Life Stuff, Money. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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