Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in

Graphical Foreclosure Disaster

IMG Auteur
Published : November 05th, 2012
430 words - Reading time : 1 - 1 minutes
( 10 votes, 4.8/5 ) , 2 commentaries
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
2
comment
Our Newsletter...
FOLLOW : Idaho







The devastating effects both the sub-prime mortgage debacle and the global recession have had on the US economy are somehow alarming. Indeed, 72% of the major metropolitan areas have recently seen 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 robo-signing scandal, these numbers would have been even higher.


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


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



Image: Courtesy of Google Maps


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



Image: Courtesy of Google Maps


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



Image: Courtesy of Google Maps


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



Image: Courtesy of Google Maps


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



Image: Courtesy of Google Maps


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



Image: Courtesy of Google Maps


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


24hGold - Graphical Foreclosur...

Image: Courtesy of Google Maps


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


24hGold - Graphical Foreclosur...

Image: Courtesy of Google Maps


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


24hGold - Graphical Foreclosur...

Image: Courtesy of Google Maps


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


24hGold - Graphical Foreclosur...

Image: Courtesy of Google Maps


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


24hGold - Graphical Foreclosur...

Image: Courtesy of Google Maps


Orlando -- 1 in 15 homes in foreclosure


24hGold - Graphical Foreclosur...

Image: Courtesy of Google Maps


Merced, Calif. -- 1 in 14 homes in foreclosure


24hGold - Graphical Foreclosur...

Image: Courtesy of Google Maps


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


24hGold - Graphical Foreclosur...

Image: Courtesy of Google Maps


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


24hGold - Graphical Foreclosur...

Image: Courtesy of Google Maps


Miami -- 1 in 14 homes in foreclosure


24hGold - Graphical Foreclosur...

Image: Courtesy of Google Maps


Phoenix -- 1 in 14 homes in foreclosure


24hGold - Graphical Foreclosur...

Image: Courtesy of Google Maps


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


24hGold - Graphical Foreclosur...

Image: Courtesy of Google Maps


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


24hGold - Graphical Foreclosur...

Image: Courtesy of Google Maps


Las Vegas -- 1 in 9 homes in foreclosure


24hGold - Graphical Foreclosur...

Image: Courtesy of Google Maps


BONUS: USA -- 1 in 46 homes in foreclosure


24hGold - Graphical Foreclosur...

Image: Courtesy of Google Maps


 


 

24hGold - Graphical Foreclosur...





Charleston Voice


This article is brought to you by the Charleston Voice E-mail List. To subscribe FREE to the distribution list, please send an email to the author with “SUBSCRIBE' in the subject line.





<< Previous article
Rate :Average :4.8 (10 votes)
>> Next article
All the stuff you don't want to know about, but should. And, when you do know, you realize that for the present you are powerless to change it This article is brought to you by the Charleston Voice E-mail List. To subscribe FREE to the distribution list, send an e-mail to the author with 'SUBSCRIBE' in the subject line.
Latest comment posted for this article
Would like to see comparative maps, Y/Y from 2006 - 2010 - and 2011 - 2014. I'll give you 20 oz Ag for the entire neighborhood - LOL. Question : Have MERS, Robo-Doc and *title-insurance* been resolved ?? Read more
Peter C. - 5/10/2011 at 10:46 PM GMT
Rating :  0  1
Top articles
Latest Comments
Here's What Will Send Oil Prices...
01:42overtheedge
"Admittedly there has been a production surplus since the beginning of 2014 but that is nothing new and is forecast to be back in balance by the en...
Another Clinton Scandal
01:27overtheedge
O, Mr Hoye you must have really infuriated the Clintonistas. Before I voted, you only had 1 vote that was a one star. I tend to think ...
Apple's iWatch and Some Crazy Go...
00:47overtheedge
Oooo, let me think about this. I have forward guidance about gold-bearing Timex® equivalents that are supposedly gonna be made by Apple/Foxconn...
Financial Repression Authority w...
03 Marovertheedge
"The US is only about 50% of global market cap but most US investors have a 'hometown bias" of having 70% of their portfolio in US securities. Fabe...
Bondholders “Bailed In” In Austr...
03 Marovertheedge
"“Bail-in is now the rule” as Irish finance Minister Michael Noonan warned in June 2013. Noonan admitted that the move to not maintain deposits as ...
Bondholders “Bailed In” In Austr...
03 MarArgus
Shortly after the Cyprus test run, Canada's budget document made provision for bail-ins in the event of significant 'systemic risk' to the banking ...
Illinois Pension Plans 39% Funde...
02 Marovertheedge
And it gets even worse. The unfunded pension liability monies aren't invested and never will be. You can't pay pensions out of an unfunded ...
China is about to overthrow Lond...
28 Febneville
This a good slap in the face for the downright crooked bullion banks,traders that have been front running ie algorythm trading etc It had to ta...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Mining Company News
Sprott Resources(Ag-Au-Co)SCP.TO
Resource Corp. Announces 2014 Annual Results
CA$ 1.25-5.30%Trend Power :
Corporate news
Vista Gold(Cu-Le-Zn)VGZ.TO
. Announces 2014 Results and Provides Update on Recent Activities
CA$ 0.42-2.33%Trend Power :
Corporate news
Major DrillingMDI.TO
Announces Third Quarter Results and Declares Dividend
CA$ 6.44+0.63%Trend Power :
Corporate news
UR-Energy(Ur)URE.TO
Releases 2014 Year End Results
CA$ 1.15+0.00%Trend Power :
Financials
Rockwell(Cu-Gems-Ni)RDI.TO
Announces Filing of Preliminary Short Form Prospectus
CA$ 0.26-1.89%Trend Power :
Corporate news
Cardero Res.(Ag-Au-Cu)CDU.TO
Announces Proposed Reverse Takeover of Artha Resources
CA$ 0.04+0.00%Trend Power :
Corporate news
Goldcorp(Cu-Le-Zn)G.TO
declares third monthly dividend payment for 2015
CA$ 25.45-2.42%Trend Power :
Corporate news
Integra Gold(Gems-Ag-Au)ICG.V
Files PEA Technical Report on SEDAR
CA$ 0.29-7.94%Trend Power :
Corporate news
Fjordland Expl.(Ag-Au-Co)FEX.V
Geophysical Survey Outlines Strong Conductors on South Voisey's Bay Nickel Project
CA$ 0.02-16.67%Trend Power :
Corporate news
Clifton StarCFO.V
Announces Private Placements and Settlement of its Osisko Litigation Raising $11 million
CA$ 0.18+0.00%Trend Power :
Corporate news
Comments closed
  All Favorites Best Rated  
Would like to see comparative maps, Y/Y from 2006 - 2010 - and 2011 - 2014. I'll give you 20 oz Ag for the entire neighborhood - LOL. Question : Have MERS, Robo-Doc and *title-insurance* been resolved ??
Rate :   0  1Rating :   -1
EmailPermalink
If the Government would just let the prices fall and market correct, this would all be over in 6 months. Idiots!
Rate :   0  1Rating :   -1
EmailPermalink
Subscribe to 24hGold’s daily market briefing
  • Prices and data of precious metals in 119 currencies and world mining companies
  • Daily analysis of the economy, markets and more
  • Free, daily and indispensable
Stay informed, subscribe now !
* Your email will never be shared.