Sometimes we need pictures to help tell the story. I have suggested that everyone involved in the process, attorneys, judges, legislators, policymakers ask themselves a very simple question:
“What will we do with all the foreclosed homes?”
Our economy is bad and it keeps getting worse. Jobs are gone and they are going away faster. Our economic policies have not just killed jobs and communities, our policies have killed entire industries and regions. (textiles, furniture- North Carolina)(Steel- Ohio) (High Tech- Florida)
Most policy makers have ignored this question and have fallen for the LET’S GET THESE FORECLOSURES DONE, LET’S GET THEM PEOPLE OUT INTO THE STREET. Why even Florida’s beloved Governor, Rick Scott has fallen in with this crowd…with his new campaign slogan,
“Let’s Get To Work….Throwing Floridians Into the Street!”
What they’re all missing is that even the banks don’t want this anymore. The banks have finally realized that they are driving their own bus off the cliff with this insane push for more foreclosures…..and just to drive the point home, take a look at these maps:
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
