Friday 6 March 2009

Housing foreclosures most severe in just a few areas of the US

USA Today has a lead story on how housing foreclosures helped to trigger the current financial crisis, but it adds that housing foreclosures in the US are mostly located in just 35 counties in 12 states and that "the financial crisis devastating the national economy may have begun with collapsing home loans in only a few corners of the country". The story includes an interactive map providing a county-by-county analysis and a map of the United States that shows states where foreclosures have been highest.

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