Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: RLK
I live in Highlands Ranch, Colorado, the southern most part of the Denver area. We have been labeled as the richest county in the US by income, the most expensive homes on average, and......the highest percentage of delinquent loans and foreclosures in the country.

I believe the numbers are that 60% of all homes are one month late, 23% are two months, with a foreclosure rate of 7%. If true, I believe it is because the tech sector sucks and 65% of people living here participate in that sector.
52 posted on 01/11/2003 9:12:03 AM PST by PatrioticAmerican (Arm Up! They Have!)
[ Post Reply | Private Reply | To 21 | View Replies ]


To: PatrioticAmerican
I believe the numbers are that 60% of all homes are one month late, 23% are two months, with a foreclosure rate of 7%.

---------------------------

I think what you are describing is the tip of an iceberg that is occuring across the broad spectrum of the economy.

55 posted on 01/11/2003 9:25:03 AM PST by RLK
[ Post Reply | Private Reply | To 52 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson