Sunday, August 03, 2008

Map of Prime foreclosures

From the NYTimes, hattip Marin Real Esatate bubble:

To be clear, this is PRIME foreclosures.

California and Florida are obvious epicenters. But look at the Northeast corridor. The stupid expansion in Central California is obvious from the map too.

A new prediction: 20 months to go until the end of the darkest days of this housing downturn. Mind you, its going to be a roller coaster ride soon. Not yet... soon.

Got Popcorn?

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