Re: foreclosures spreading to wealthy la la lands

<forbisgaryg@[EMAIL PROTECTED]
> wrote in message 
news:688ecf62-7d36-4145-9aba-c59a99f00cfe@[EMAIL PROTECTED]
 Apr 6, 8:03 pm, Blash <bla...@[EMAIL PROTECTED]
> wrote:
> FrediFizzx wrote on 4/6/08 10:45 PM:
>
> > So freakin' what? The US foreclosure rate is barely higher than the
> > year over year average. It's no big deal. But you would understand
> > that if you knew anything about economics. Stop pretending that you 
> > do.
>
> > Fred
>
> > <Vide...@[EMAIL PROTECTED]
> wrote in message
>
>news:6b39af5c-88f9-4902-a823-306f35878dd1@[EMAIL PROTECTED]
> >> foreclosures spreading to wealthy la la lands
>
> > [snip copy and paste doom and gloomer BS]
>
> You hit it right on the head with this guy......he must spend his life
> scanning for bad news articles to "Copy & Paste" and then cross-post 
> them
> across the net.......
> His ONLY claim to fame is writing 100+ word Subject lines.........

So what is the year over year average forclosure rate?  How far
off the norm is this year relative to others?  Are we within the
70th precentile?
========================

About 1 percent for the yoy rate.  If this year is about 50 percent 
higher, then we are at about 1.5 percent yoy.  It is no big deal 
compared to the total amount of mortgages.

Fred