Florida foreclosures up 92%

Greed is good!!!

FlaXcRacer wrote:

<quoted text>And whenever congress had to vote to approve more money for the troops so they can do their jobs correctly and be safer, the democrats always said it was too much and voted for less money. Who's causing deaths?

I was speaking about initially and you are speaking about after years that never should have been.

Good.........I hope it goes to 1000%

mostly from upside down mortgages

WOW wrote:

Foreclosure activity is the highest since the Great Depression of the 1930s, said Rick Sharga, RealtyTrac's vice president of marketing.
"We'll have 1 million bank-owned properties by the end of the year," Sharga said. "That will represent between one-fourth and one-third of all home sales."

Justthink of all that Section * housing the U.S. owns and OBoy ObOy Obama can give it free to Jamacains, Haitians Bahamians, St. Criux, St. Barts, Santo Domingans, Cubans, Puerto Ricans, Nicaraguans, ect. ect. ect... Can't you just wait to have them in your neighborhood?

concerned one wrote:

<quoted text>
.
Do YOU blame Bush for the fact that YOU obviously can't get laid????
.
.

actually, I got laid in my "auto vehicle" yesterday dumbass. i believe you are the pathetic one here. and I'd wager that everyone else on here agrees.

The devil goes to "insert newspaper name here" and tells them: "tomorrow at noon I will kill 100 thousand people". The newspaper reports it, next day at noon widespread panick, 1 million dead. The reporter calls the devils and say: "you liar, you said you'll kill 100 thousand" to which devil replied: "I DID, you killed the other 900 thousand"

People are so impressed by the numbers.
What bothers me is that media doesn't report all the facts.
While they report that foreclosures rose by 92%, they fail to report for instance is that there 40% mortgages in 2003 than in 1999, and I'm pretty sure 2004 and 2005 was even higher. So if the number of mortgages doubled isn't it normal for the foreclosures to double?
Also while the media is so eager to report that median prices fell 20% they fail again to report that median price is still 80% higher than it was in 1999.
Far from me to claim that everything is fine and dandy, but the doomsday bias of the media creates a lot more problems than we already have especially when they don't report all the facts.
Now a fair report on foreclosure would be: year this and this there were 100 mortgages and 10 foreclosures, year that and that there were 1000 mortgages and 100 foreclosures.

Numbers wrote:

The devil goes to "insert newspaper name here" and tells them: "tomorrow at noon I will kill 100 thousand people". The newspaper reports it, next day at noon widespread panick, 1 million dead. The reporter calls the devils and say: "you liar, you said you'll kill 100 thousand" to which devil replied: "I DID, you killed the other 900 thousand"
People are so impressed by the numbers.
What bothers me is that media doesn't report all the facts.
While they report that foreclosures rose by 92%, they fail to report for instance is that there 40% mortgages in 2003 than in 1999, and I'm pretty sure 2004 and 2005 was even higher. So if the number of mortgages doubled isn't it normal for the foreclosures to double?
Also while the media is so eager to report that median prices fell 20% they fail again to report that median price is still 80% higher than it was in 1999.
Far from me to claim that everything is fine and dandy, but the doomsday bias of the media creates a lot more problems than we already have especially when they don't report all the facts.
Now a fair report on foreclosure would be: year this and this there were 100 mortgages and 10 foreclosures, year that and that there were 1000 mortgages and 100 foreclosures.

Turn off the TV, get off the computer, draw the shades and curl up in a fetal position in the corner. Now stay there.

The neocon bubble has burst

Fine wrote:

Need some advice on my first and second houses on foreclosure right now.

Call your mortgage company, they will offer you $$$ to not rip the copper out of the walls!

I agree with the comments alpharetta ga makes. This didn't happen by accident their were many forces in the marketplace that encouraged and
allowed this to happen. There was
no accountability at all? Now everyone
in Florida will be paying & paying
& paying more. Those bankers, mortgage
houses and appraisers should go to jail. Instead they are getting a bailout from the U.S. taxpayer? Next
time go to a loanshark, at least
they don't pretend to be anything
other than what they are, crooks!

Thank God it is not Alquida who screw up our financial system.

We did the job for them.

For he greatest American generation you just have to look at us.

Neocon bailout looming...