ACORN releases study on foreclosure epidemic

Source: Association of Community Organizations for Reform Now, Inc. (ACORN)

ACORN chapters around the country released reports identifying U.S. neighborhoods with the highest foreclosure rates.
The set of reports, titled Home Insecurity,” highlights more than 110 cities and counties with high foreclosure rates.
Last year there were 1.2 million foreclosures filed — an average of more than two foreclosures every minute.
That number represents a large increase from 2005, when there were about 900,000 foreclosures filed. The foreclosure problem is expected to get worse this year, with about 1.5 million foreclosure filings.

+ Metro area reports

Leave a Reply