osceola: Some quick foreclosure stats
- 06/05/08 04:14 AM
One way to track foreclosures is in number of new foreclosures filed, but that can be misleading. A really huge county with a lot of homes will of course have a larger number of foreclosures, but that isn't a fair comparison next to, say, a smaller county that had fewer homes to begin with. So we use the number of foreclosure filings as a percentage of total homes in the area. For example, for the first four months of 2008, Florida had a rate 2.56%. That put us #3 in the nation, by the way, behind Arizona at #2 and Nevada at … (0 comments)
One way to track foreclosures is in number of new foreclosures filed, but that can be misleading. A really huge county with a lot of homes will of course have a larger number of foreclosures, but that isn't a fair comparison next to, say, a smaller county that had fewer homes to begin with.;)
;)
