937,840 Foreclosures in Q3 [INFOGRAPHIC]


	937,840 Foreclosures in Q3 [INFOGRAPHIC]

clip-on-tie

10-28-2009 12:27 AM

135 views

tags:

economy, debt, foreclosures, united states

clip-on-tie says:

Well, some good news; there were only 93,784 foreclosures on homes in third quarter 2009. While it may not be a...oh. I forgot a zero. Sorry, 937,840 homes were foreclosed.

2 Comments |

Add a Comment

10-28-2009 3:59 AM

merrie

Yeah, quite a few analysts are mentioning that "arms" resetting are a big danger now, with credit issues on top
of the high unemployment rates. It's going to be around
two years before the economy starts to turn around.

10-28-2009 8:18 PM

mcsmithblack

I think that the "moratorium" on home forclosures that some people are calling for is a good idea.

Login to Comment. Not a member yet? Sign up

Today's Top Clips

visit the Top Clips page

View the Top Clips from October 28, 2009

Embed This Clip In Your Site...

<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/41eb07eb-db3e-4dcc-8449-13e9c1bd122d/20DD7B83-E095-446F-A3BF-14AE9EE498FE/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://consumerist.com/5391012/what-recovery-937840-foreclosures-q3?skyline=true&s=x" href="http://consumerist.com/5391012/what-recovery-937840-foreclosures-q3?skyline=true&s=x" style="font-size: 11px;">consumerist.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://consumerist.com/5391012/what-recovery-937840-foreclosures-q3?skyline=true&s=x"><H1><A class="top" href="http://consumerist.com/5391012/what-recovery-937840-foreclosures-q3">What Recovery? 937,840 Foreclosures Q3</A></H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://consumerist.com/5391012/what-recovery-937840-foreclosures-q3?skyline=true&s=x">(Click to embiggen)</blockquote><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content6.clipmarks.com/images/clip-icon.gif" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.copytaste.com/wu597flg" href="http://www.copytaste.com/wu597flg" style="font-size: 11px;">www.copytaste.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.copytaste.com/wu597flg"><DIV class="postInfo"><UL><li style="margin-left:16px;padding-left: 0px;"><B></B></LI>
</UL>
</DIV>
                        <DIV class="clear">
                        </DIV>
                        <DIV class="pg-1 asd">
                            <DIV>
                                <P><A href="http://cache.gawker.com/assets/images/consumerist/2009/10/usforeclosure.jpg"><IMG width="500" height="1098" alt="" src="http://cache.gawker.com/assets/images/31/2009/10/500x_usforeclosure.jpg" /></A></P></DIV></DIV></blockquote><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content7.clipmarks.com/images/clip-icon.gif" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://consumerist.com/5391012/what-recovery-937840-foreclosures-q3?skyline=true&s=x" href="http://consumerist.com/5391012/what-recovery-937840-foreclosures-q3?skyline=true&s=x" style="font-size: 11px;">consumerist.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://consumerist.com/5391012/what-recovery-937840-foreclosures-q3?skyline=true&s=x">There were 937,840 <A href="http://consumerist.com/tag/foreclosures/" title="Click here to read more posts tagged FORECLOSURES" class="tagautolink autolink">foreclosures</A> in Q3 in the US, according to RealtyTrac, the highest quarterly level since they starting issuing reports in 2005. Let's take a closer look via giant sexy graphic visualization, inside.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://consumerist.com/5391012/what-recovery-937840-foreclosures-q3?skyline=true&s=x">Sure home sales have <A href="http://www.washingtonpost.com/wp-dyn/content/article/2009/10/23/AR2009102303695.html">picked up the past few months</A>, but is it sustainable, or mainly people trying to get in before the new homebuyer tax credit <A href="http://consumerist.com/5383219/8000-credit-for-new-homebuyers-might-get-extended">expires in November</A>?</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://consumerist.com/5391012/what-recovery-937840-foreclosures-q3?skyline=true&s=x"> The 7-month program to refinance underwater homes has <A href="http://www.washingtonpost.com/wp-dyn/content/article/2009/10/23/AR2009102303472.html?hpid=topnews">only reached 3% of eligible borrowers</A>.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://consumerist.com/5391012/what-recovery-937840-foreclosures-q3?skyline=true&s=x">With hundreds of thousands of <A href="http://consumerist.com/5362596/newsflash-the-next-tsunami-of-aggressively-irresponsible-loans-didnt-magically-disappear">Option-ARM mortgages resetting this month</A>, high unemployment, strapped bank accounts and cut credit lines, the housing crisis is far from over.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://consumerist.com/5391012/what-recovery-937840-foreclosures-q3?skyline=true&s=x"><A href="http://www.usfst.com/news/US-foreclosures-flurry-of-activity/">US foreclosures' flurry of activity</A> [USFST]
(Big Graphic: <A href="http://www.flickr.com/photos/gdsdigital/">GDS Digital</A>)
PREVIOUSLY: <A href="http://consumerist.com/5362596/newsflash-the-next-tsunami-of-aggressively-irresponsible-loans-didnt-magically-disappear">Newsflash: The Next Tsunami Of Aggressively Irresponsible Loans Didn't Magically Disappear</A>
<A href="http://consumerist.com/340334/monthly-mortgage-rate-resets-2007+2016">Monthly Mortgage Rate Resets, 2007-2016</A></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://consumerist.com/5391012/what-recovery-937840-foreclosures-q3?skyline=true&s=x"><div align="center"><img src="http://content9.clipmarks.com/blog_cache/consumerist.com/img/B9DDC35C-1DAB-4BD9-AA27-9C9DEAF46CA3" alt="" /></div></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/20DD7B83-E095-446F-A3BF-14AE9EE498FE/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

New from the makers of Clipmarks: Amplify.com - Don't just share the news...Amplify it!

Clipmarks: Home; New Clips; Top Clips; Dashboard

Popular Topics: News; Life; Science; Technology; Entertainment

Get Started: Sign Up; Install Clipping Tool; How Clipping Works; Clip-to-Blog™; ClipSearch

Tools and Resources: FAQ; ClipWeek; Top Clippers; Top Tags; Site Map

About Clipmarks: About Us; Contact; Copyright; Privacy; EULA

Search Options

Today's Top Clips