Of course the world is in the grip of a recession not just the USA ,but thought l would share this report with my american friends just for interest.
Metro areas in California, Florida, Nevada and Arizona topped the foreclosure filing list for the first quarter of 2009 .
A foreclosure filing includes default papers, auction sale notices and repossessions.
Las Vegas had the highest rate of foreclosures of any city, with one in every 22 homes subject to a foreclosure filing in the first three months of the year. The rate of foreclosure filings was 4.5%, seven times the national average.
Seems like Vegas is taking a huge hit !
Full Story
Reason for posting ! If sales are slow dont worry all recessions end and then the good days will roll again
Metro areas in California, Florida, Nevada and Arizona topped the foreclosure filing list for the first quarter of 2009 .
A foreclosure filing includes default papers, auction sale notices and repossessions.
Las Vegas had the highest rate of foreclosures of any city, with one in every 22 homes subject to a foreclosure filing in the first three months of the year. The rate of foreclosure filings was 4.5%, seven times the national average.
Seems like Vegas is taking a huge hit !
Full Story
Reason for posting ! If sales are slow dont worry all recessions end and then the good days will roll again
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