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svelteParticipantThere may be different causes for each downturn (I wasn’t here in 1982, I’m not sure what caused that one), but it is interesting to note that we are not yet any worse off foreclosure-wise than in the early 1980s.
Most every hog here in hogville is aware that the complete story on this downturn is not known yet since we are in the midst of it. It could very well be that by the end of 2008 things have gotten worse…we’ll see.
As Tom Petty said, every day we get one more card. The waiting is the hardest part.
svelteParticipantThere may be different causes for each downturn (I wasn’t here in 1982, I’m not sure what caused that one), but it is interesting to note that we are not yet any worse off foreclosure-wise than in the early 1980s.
Most every hog here in hogville is aware that the complete story on this downturn is not known yet since we are in the midst of it. It could very well be that by the end of 2008 things have gotten worse…we’ll see.
As Tom Petty said, every day we get one more card. The waiting is the hardest part.
svelteParticipantThere may be different causes for each downturn (I wasn’t here in 1982, I’m not sure what caused that one), but it is interesting to note that we are not yet any worse off foreclosure-wise than in the early 1980s.
Most every hog here in hogville is aware that the complete story on this downturn is not known yet since we are in the midst of it. It could very well be that by the end of 2008 things have gotten worse…we’ll see.
As Tom Petty said, every day we get one more card. The waiting is the hardest part.
svelteParticipantThere may be different causes for each downturn (I wasn’t here in 1982, I’m not sure what caused that one), but it is interesting to note that we are not yet any worse off foreclosure-wise than in the early 1980s.
Most every hog here in hogville is aware that the complete story on this downturn is not known yet since we are in the midst of it. It could very well be that by the end of 2008 things have gotten worse…we’ll see.
As Tom Petty said, every day we get one more card. The waiting is the hardest part.
svelteParticipantThere may be different causes for each downturn (I wasn’t here in 1982, I’m not sure what caused that one), but it is interesting to note that we are not yet any worse off foreclosure-wise than in the early 1980s.
Most every hog here in hogville is aware that the complete story on this downturn is not known yet since we are in the midst of it. It could very well be that by the end of 2008 things have gotten worse…we’ll see.
As Tom Petty said, every day we get one more card. The waiting is the hardest part.
svelteParticipantWow! That was some chart. Did you see the yearly default numbers for 1982? Scary. I mean back in 1982 how many houses were there?
The figure I found was about 321,000 housing units in 1980.
Therefore, the rate of foreclosure in 1983 was 321,000 (housing units in SD county in 1980) divided by 4071 ( foreclosures in 1983 from Innovest’s site) which yields 1 foreclosure for every 78 housing units.
I chose 1983 instead of 1982 because foreclosures appeared to be a little worse in 1983. Let’s compare that to San Diego county today.
The rate of foreclosure is 1,125,827 (housing units in SD county in 2006) divided by 13932 (March 2008’s 1161 foreclosures x 12) which yields 1 foreclosure for every 80 housing units.
1 in 78 houses foreclosed on in 1983.
1 in 80 houses foreclosed on in 2008 (projection).Very similar! And 25 years apart.
svelteParticipantWow! That was some chart. Did you see the yearly default numbers for 1982? Scary. I mean back in 1982 how many houses were there?
The figure I found was about 321,000 housing units in 1980.
Therefore, the rate of foreclosure in 1983 was 321,000 (housing units in SD county in 1980) divided by 4071 ( foreclosures in 1983 from Innovest’s site) which yields 1 foreclosure for every 78 housing units.
I chose 1983 instead of 1982 because foreclosures appeared to be a little worse in 1983. Let’s compare that to San Diego county today.
The rate of foreclosure is 1,125,827 (housing units in SD county in 2006) divided by 13932 (March 2008’s 1161 foreclosures x 12) which yields 1 foreclosure for every 80 housing units.
1 in 78 houses foreclosed on in 1983.
1 in 80 houses foreclosed on in 2008 (projection).Very similar! And 25 years apart.
svelteParticipantWow! That was some chart. Did you see the yearly default numbers for 1982? Scary. I mean back in 1982 how many houses were there?
The figure I found was about 321,000 housing units in 1980.
Therefore, the rate of foreclosure in 1983 was 321,000 (housing units in SD county in 1980) divided by 4071 ( foreclosures in 1983 from Innovest’s site) which yields 1 foreclosure for every 78 housing units.
I chose 1983 instead of 1982 because foreclosures appeared to be a little worse in 1983. Let’s compare that to San Diego county today.
The rate of foreclosure is 1,125,827 (housing units in SD county in 2006) divided by 13932 (March 2008’s 1161 foreclosures x 12) which yields 1 foreclosure for every 80 housing units.
1 in 78 houses foreclosed on in 1983.
1 in 80 houses foreclosed on in 2008 (projection).Very similar! And 25 years apart.
svelteParticipantWow! That was some chart. Did you see the yearly default numbers for 1982? Scary. I mean back in 1982 how many houses were there?
The figure I found was about 321,000 housing units in 1980.
Therefore, the rate of foreclosure in 1983 was 321,000 (housing units in SD county in 1980) divided by 4071 ( foreclosures in 1983 from Innovest’s site) which yields 1 foreclosure for every 78 housing units.
I chose 1983 instead of 1982 because foreclosures appeared to be a little worse in 1983. Let’s compare that to San Diego county today.
The rate of foreclosure is 1,125,827 (housing units in SD county in 2006) divided by 13932 (March 2008’s 1161 foreclosures x 12) which yields 1 foreclosure for every 80 housing units.
1 in 78 houses foreclosed on in 1983.
1 in 80 houses foreclosed on in 2008 (projection).Very similar! And 25 years apart.
svelteParticipantWow! That was some chart. Did you see the yearly default numbers for 1982? Scary. I mean back in 1982 how many houses were there?
The figure I found was about 321,000 housing units in 1980.
Therefore, the rate of foreclosure in 1983 was 321,000 (housing units in SD county in 1980) divided by 4071 ( foreclosures in 1983 from Innovest’s site) which yields 1 foreclosure for every 78 housing units.
I chose 1983 instead of 1982 because foreclosures appeared to be a little worse in 1983. Let’s compare that to San Diego county today.
The rate of foreclosure is 1,125,827 (housing units in SD county in 2006) divided by 13932 (March 2008’s 1161 foreclosures x 12) which yields 1 foreclosure for every 80 housing units.
1 in 78 houses foreclosed on in 1983.
1 in 80 houses foreclosed on in 2008 (projection).Very similar! And 25 years apart.
svelteParticipantDivide California’s 13,174,378 housing units (*) by 188,684 yearly foreclosures (47,171 foreclosures times 4) and we find that 1 in 69 housing units will likely be foreclosed upon this year in California.
Not something to be proud of, for sure.
(*) = According to the census people:
svelteParticipantDivide California’s 13,174,378 housing units (*) by 188,684 yearly foreclosures (47,171 foreclosures times 4) and we find that 1 in 69 housing units will likely be foreclosed upon this year in California.
Not something to be proud of, for sure.
(*) = According to the census people:
svelteParticipantDivide California’s 13,174,378 housing units (*) by 188,684 yearly foreclosures (47,171 foreclosures times 4) and we find that 1 in 69 housing units will likely be foreclosed upon this year in California.
Not something to be proud of, for sure.
(*) = According to the census people:
svelteParticipantDivide California’s 13,174,378 housing units (*) by 188,684 yearly foreclosures (47,171 foreclosures times 4) and we find that 1 in 69 housing units will likely be foreclosed upon this year in California.
Not something to be proud of, for sure.
(*) = According to the census people:
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