BF2S Forums housing Crysis; Ground Zero

Well, where I live, foreclosure rates are pretty low, and home values are low, but stable.  We never were that expensive to begin with, and we seem to have an endless supply of Pennsylvanians moving down here.

Raleigh is doing pretty well too, for mostly the same reasons.

Now, our unemployment rate is a different story....

By the way, here's a oool/depressing map that shows foreclosures, deficits, and unemployment by states:

http://money.cnn.com/news/storysuppleme … my/gapmap/

Nationally there has been a definitive pickup. But that is typically the case this time of year.. kids getting out of school etc..

ATG wrote:

California, and indeed our nation may well indeed be doomed as it exists today.

And yet they take in more revenue per person then almost every other state. It's no wonder the bonds are going to junk status. http://www.reuters.com/article/marketsN … 7320090619