Foreclosures double in two Iowa counties since '00

[terryg11]

reading in the news yesterday that bank foreclosures on houses has doubled in Linn County (biggest city is Cedar Rapids) and tripled in IOwa City (home of U of I) since the year 2000. The last few years Cedar Rapids has seen it's unemployment rate stay in the 6-8% range while Iowa City has stayed around 4% or less. Combine that with the housing boom, all these new developments going up I was surprised that foreclosures had increased so much.

So are they sure we are in a recovery?

would have provided a link but the only paper I found the story in wouldn't let me access the story online without joining and I don't read their site enough to want to pay for it.

[Atlant]

1. Gee, that's too bad. They voted Republican, what did they expect? (NT)

[terryg11]

2. actually Iowa City (or Johnson county) went dem

not sure if Linn County did or not.

both counties went for Gore, Johnson by almost a 2 to 1 margin and the state actually went to Gore by a whopping 1%.

[jiacinto]

3. Iowa in 2000

Gore 638,517
Bush 634,373
Nader 29,374

Iowa was close, but it went for Gore ever so narrowly.