Sub-Blogs

Appliance Notes is a blog where I file all the new and interesting kitchen appliances I see in the course of my work. I also include articles on choosing appliances here.
Kitschy Kitchens is a blog where I critique the worst of the worst in kitchens. Poor design, an assault on the eyes, wrong colors, wrong materials; they all can be found there. Take an amusing detour to discover what you DON'T want in a kitchen.

Wednesday, July 25, 2007

Foreclosures Go Through The Roof

This is a sad story. And doubly sad for folks like me.
Our economy has been built on the housing market for years.
Ever since the last housing recession in the early 90's in California.

No telling where this is going to end.
Oh dear.

Peggy

Posted by Peggy Deras, CKD, CID at 7:48 PM

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1 comment:

  1. I work for CurrentForeclosures.com, a foreclosures site and have seen a huge increase in the number of foreclosures in the past 7 months. I believe it is a combination of not only sub-prime and ARM mortgages, but also the high number of people who have gotten loans with interest rates at an all time low... in addition to the rapid depreciation in some areas and the difficulty some are experiencing in selling their homes.

    ReplyDelete

Dear comment writer,

I welcome your input, as long at it pertains to the post you are commenting on.

I DO moderate all comments personally, so "Comment Spam" will not be posted and is a waste of your time and mine.

Peggy

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