Foreclosures of Dallas-Fort Worth homes worth more than $1M double »
Posted By engineer 1 year, 4 months ago in Business & FinanceThe mortgage meltdown that started out with mostly moderate- and low-income borrowers has spread to more affluent homeowners. Foreclosures of million-dollar-plus houses are the fastest-growing segment of the Dallas-Fort Worth distressed home market, according to a new study.
Read Full Story at dallasnews.com »
262 Views Share Story 3 Comments Report
Submitted By:
engineer
Hi
My background is Biomedical engineering with an MBA As you know from all my comments where I almost stand politically. I have loads of ...
Who Also Submitted:
Other Related Articles:
Why not submit a story?
RSS Join the Discussion
+ Add CommentComments So Far: 3 (view all)
-
Neutral
engineer1 year, 4 months ago
This comment is below the standard viewing threshold View It »
More than 70 residences that went for $1 million and up have been posted for foreclosure in the first half of 2008 â;; more than twice the number in the same period last year, Addison-based Foreclosure Listing Service said Thursday.
"In addition, homes valued from $500,000 up to $999,999 had about a 53 percent jump in foreclosure filings, and homes valued at $300,000 to $499,999 had almost a 39 percent gain" this year, according to Foreclosure Listing Service president George Roddy.
Reply -
Neutral
nikkibabe1 year, 4 months ago
This comment is below the standard viewing threshold View It »
Bush & McCain tax cuts to the filthy rich is working after all. However, they all got screwed by Bush's other trick, soaking them with $4.50 a gallon oil. All they had to was to find a matchstick to see their American Dreams go up in flames.
The crook is traveling to China to really collect the biggest loan check from them to finance his adventure in Baghdad and by the way also stop to see the Olympics.
Reply -
Neutral
Amazing11 year, 4 months ago
This comment is below the standard viewing threshold View It »
And I wonder how those mobile home sales are going these days. I was on the highway this morning and saw one of those big rigs that was pulling a small car behind it. It reminded me that I haven't seen the usual glut of those gas guzzlers on the road. As for the foreclosures in the DFW area, well, it had to come. And when will the MSM start reporting on the tent cities in California? Things are worse than we are being told. And when the SHTF, the American public will be in for a rude awakening.
Reply
More News
Daily Finance
Michael Mauboussin's 'Think Twice': A cautionary tale for investors
Alternative energy down on the farm: A still-untapped resource
In a Congress of millionaires, Republican Anh Cao voted for poor New Orleans
Tom Sosnoff: A Q&A with the $600 million man behind Thinkorswim
Why the coming natural gas boom isn't all it's 'fracced' up to be
Add a Comment
Sign In With Your Propeller Account
Please keep your comments relevant to this story.
To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.