I've been watching and reading about the housing bubble problem and especially the Foreclosure situation.
Tonight some Stats caught my eye.
"Foreclosure Stats
The ten states with the highest foreclosure rates in the third quarter.
By State per household
Nevada 1 in 61
Calif 1 in 88
Florida 1 in 95
Mich 1 in 102
Ohio 1 in 107
Colo 1 in 109
Ariz 1 in 112
Georgia 1 in 142
Indiana 1 in 196
Texas 1 in 205
SOURCE: RealtyTrac Inc.
http://money.cnn.com/2007/10/30/real_estate/foreclosure_activity/index.htm?postversion=2007110106The trouble I see are the States of Michigan, Ohio and Indiana. These are Floridas' Snowbird States. How will their troubles affect us here in Florida?
Any realty experts on this board?