Plenty of Foreclosures to Go

October 30, 2010 Leave a comment

Not much to add to this.  Please wake up the Coral Gables commissioners.

Banks have an inventory of about 1 million foreclosed homes, plus another 5 million homes where the loans are badly nonperforming.

via Numbers to Ponder, Arnold Kling | EconLog | Library of Economics and Liberty.

Filed under Economy, Housing

Unknown's avatarAbout Stephen E. McGaughey
Resident of the City of Coral Gables; Formerly with Inter-American Development Bank, Senior Environmental Project and Policy Leaders, Agricultural Economics, Forest Sector Projects and Policies, Country Representative Financing in El Salvador and the Dominican Republic

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