Comments for Foreclosures of Dallas-Fort Worth homes worth more than $1M double »
Posted By engineer 1 year, 5 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.
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engineer1 year, 5 months ago
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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.
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nikkibabe1 year, 5 months ago
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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.
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Amazing11 year, 5 months ago
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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.
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