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Got an email about U.S. house forclosures
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ry0972
Posted 4/1/2011 23:47 (#1703755)
Subject: Got an email about U.S. house forclosures


central sask
I don't know how to get the actual sattelite pictures on here.
Could forward to someone if they want.

http://www.businessinsider.com/satellite-tour-foreclosure-cities-20...

Subject: Satellite view of US homes in Foreclosure

A FRIGHTENING SATELITE TOUR OF AMERICA'S FORECLOSURE WASTELANDS !

RealtyTrac is out with the total foreclosure numbers for 2010.

On the whole things are getting worse. And nobody from Wall Street has gone to jail

72 percent of major metro areas saw an increase in foreclosure volume.

Although some of the worst hit areas in Nevada, California and Florida improved from 2009, the foreclosure rate in these areas remains shockingly high.

If not for some foreclosure suspensions due to the robosigning scandal, these numbers would have been higher.

For a frightening way to visualize the foreclosure crisis, we're borrowing a Google maps technique described by Barry Ritholtz.

20) Boise, Idaho -- 1 in 21 homes in foreclosure (The red dots show foreclosures)

Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

19) Sarasota, Fla. -- 1 in 21 homes in foreclosure

Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

18) Lakeland, Fla. -- 1 in 21 homes in foreclosure

Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

17) Tampa, Fla. -- 1 in 20 homes in foreclosure

Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

16) Port St. Lucie, Fla. -- 1 in 19 homes in foreclosure

Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

15) Sacramento, Calif. -- 1 in 19 homes in foreclosure

Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

14) Naples, Fla. -- 1 in 18 homes in foreclosure

Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

13) Deltona, Fla. -- 1 in 17 homes in foreclosure

Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

12) Bakersfield, Calif. -- 1 in 17 homes in foreclosure

Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

11) Reno, Nev. -- 1 in 16 homes in foreclosure

Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

10) Vallejo, Calif. -- 1 in 16 homes in foreclosure


Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

9) Orlando -- 1 in 15 homes in foreclosure

Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

8) Merced, Calif. -- 1 in 14 homes in foreclosure
Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

7) Stockton, Calif. -- 1 in 14 homes in foreclosure

Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

6) Riverside, Calif. -- 1 of 14 homes in foreclosure

Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

5) Miami -- 1 in 14 homes in foreclosure

Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

4) Phoenix -- 1 in 14 homes in foreclosure

Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

3) Modesto, Calif. -- 1 in 14 homes in foreclosure

Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

2) Cape Coral, Fla. -- 1 in 12 homes in foreclosure


Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

1) Las Vegas -- 1 in 9 homes in foreclosure


Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

BONUS: USA -- 1 in 46 homes in foreclosure



Image: Courtesy of Google Maps

Note: The red dots shows homes currently in foreclosure. The slide title describes the fraction of homes that received foreclosure filings in 2010.

Unfortunately, prices are still dropping



Read more: http://www.businessinsider.com/satellite-tour-foreclosure-cities-20...












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