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
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
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
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.