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Re: More than 45,000 homes in the U.S. were repossessed last month, up 50% from April 2014, marking the completion of the foreclosure process for thousands of homeowners. 

By: clo in FFFT3 | Recommend this post (3)
Thu, 21 May 15 11:52 PM | 44 view(s)
Boardmark this board | Food For Further Thought 3 		Msg. 12771 of 65535
(This msg. is a reply to 12761 by ribit)
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ribit,

did you read the numbers?

an example, up 500%, but doesn't "mean much" since it only effects 43 homes.

1. Montana

Number of REOs: 48

Increase from March 2015: 71.43%

Increase from April 2014: 500%

Despite its massive land area, Montana doesn’t have a huge population.

There are only 64 homes in the state with a foreclosure filing, so the 500% increase in REOs doesn’t mean much. 
Montana has the fifth-lowest foreclosure rate: one in every 7,552 homes.




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The above is a reply to the following message:
More than 45,000 homes in the U.S. were repossessed last month, up 50% from April 2014, marking the completion of the foreclosure process for thousands of homeowners.
By: ribit in FFFT3
Thu, 21 May 15 8:05 PM 		Msg. 12761 of 65535

More than 45,000 homes in the U.S. were repossessed last month, up 50% from April 2014, marking the completion of the foreclosure process for thousands of homeowners.

http://www.stltoday.com/business/credit/foreclosures-hit-an--month-high-is-your-state-struggling/article_11e10544-6e54-5497-a055-75a21ca0b2f6.html

...hey clo! How bout all them "housing starts" you was braggin about yesterday.

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