Sunday, May 31, 2009

Foreclosed homes a problem during hurricane season - WSVN-TV

LEHIGH ACRES, Fla. (AP) -- Mike Manikchand points toward his neighbors -- a half-dozen empty, foreclosed-upon homes, sitting on weed-strewn yards -- and he wonders: What will happen if a hurricane slams into southwest Florida this year? His simple ..., more 
and How many homes do banks really own? - Las Vegas Sun  Bank-owned homes sit in the Silverado neighborhood of Las Vegas in 2008. Although foreclosure homes have been dominating the market, banks have been holding back an unknown number of repossessed properties to keep prices from falling further. Housing ..., more 
and How AP measured the meltdown at the local level - Associated Press  The Associated Press Economic Stress Index combines three economic indicators - unemployment, foreclosures and bankruptcy - as a way of gauging how the recession has affected each of America's 3,141 counties. That measurement is expressed on a scale ..., more 

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