(highlighting was mine) Those paragraphs are excerpted directly from the article, with one snip excluded. Clearly the AP 'writer', as usual, hyped the negative, exhibiting AP's flair for BDS. We all accept the last several months were a 'surge' in foreclosures. The headline I would have written would have noted the obvious decrease in filings! The surge is yesterday's news, the decrease is today's news. /beating dead horse.
1 posted on
05/14/2008 8:41:40 AM PDT by
CRBDeuce
To: CRBDeuce
Home ownership is/was not for everyone.
2 posted on
05/14/2008 8:44:22 AM PDT by
frogjerk
(Hope is a theological virtue, not a campaign promise)
To: CRBDeuce
In other news, 95% of mortgage-holders made their payment on time.
3 posted on
05/14/2008 8:44:22 AM PDT by
1rudeboy
To: CRBDeuce
Great news; we are moving to San Diego in August; should pick up a good deal on a house over the next year.
To: CRBDeuce
The surge is working..........
5 posted on
05/14/2008 8:45:44 AM PDT by
Red Badger
( We don't have science, but we do have consensus.......)
To: CRBDeuce
with one in every 66 households receiving a foreclosure notice. Life in Democrat Paradise.
8 posted on
05/14/2008 8:47:23 AM PDT by
Fido969
("The hardest thing in the world to understand is income tax." - Albert Einstein)
To: CRBDeuce
64,683 in a state with a population of 36,457,549???
The horror!
9 posted on
05/14/2008 8:48:22 AM PDT by
Sooth2222
("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
To: CRBDeuce
14 posted on
05/14/2008 9:47:07 AM PDT by
dragnet2
To: CRBDeuce
A year over year comparison is a better measure over a month to month.
For example, retail sales nosedive in January, compared to the month before, is that a sign of a failing economy? Of course not.
That’s why retail stores compare their sales from the previous year and not the previous month.
To: CRBDeuce
Does anyone have a breakdown as to how many are family primary homes, second home, speculative homes, contractors unsold homes, investment properties, etc.? Although there is increased foreclosure activity in this region, my observation is that many are not family primary homes.
20 posted on
05/14/2008 11:12:34 AM PDT by
elpadre
To: CRBDeuce
Does anyone have a breakdown as to how many are family primary homes, second home, speculative homes, contractors unsold homes, investment properties, etc.? Although there is increased foreclosure activity in this region, my observation is that many are not family primary homes.
21 posted on
05/14/2008 11:12:41 AM PDT by
elpadre
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