Double Dip Watch: Foreclosures Grow in Top Tier of Housing Market

by Benjamin Domenech on 7:49 am October 12, 2009

“About 30% of foreclosures in June involved homes in the top third of local housing values, up from 16% when the foreclosure crisis began three years ago… The bottom one-third of housing markets, by home value, now account for 35% of foreclosures, down from 55% in 2006.”

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