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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: ribit in FFFT3 | Recommend this post (1)
Fri, 22 May 15 7:29 PM | 46 view(s)
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Msg. 12784 of 65535
(This msg. is a reply to 12771 by clo)

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

...the labor participation rate is the lowest it has been in ages and yet you report regularly how the number of jobless claims are "down". Of course it's down. Less people are losing their jobs because there are less jobs to lose. The job "gains" (also reported regularly) are part time, temporary minimum wage no benefit jobs. The stats about houses being reposessed works the same way.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!


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The above is a reply to the following message:
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
Thu, 21 May 15 11:52 PM
Msg. 12771 of 65535

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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