Re: foreclosures spreading to wealthy la la lands

> 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 
> 


 
see NYT--foreclosure Map of US 

http://www.nytimes.com/imagepages/2008/04/05/business/20080406
_METRICS.html


from the looks of that data i'd say we're about 5-7% as a national 
average now ( or 700% higher in your terminology).