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In this real estate market, you can find yourself thinking that a house is a good deal just because it has been put on the auction block after a foreclosure. While it may seem that you are getting a good deal on a house, there …

Foreclosures may be on the decline (finally) in our country, but there are a lot of families out there who may be behind on payments and considering foreclosure as their last option. Like bankruptcy, foreclosure will stay with you and haunt your credit score for …

For the sixth month in a row, foreclosures in the United States topped the 300,000 mark. Last month a total of 358,471 homes were put into foreclosure by either getting a default notice or by being put on the auction block. The figure is up …

CNN.com has a new and interactive-ish  map that lets you see the foreclosure rate by state as well as bank failure rates by state. It appears as though the Sunshine State leads the country in foreclosures.
Florida’s foreclosure rate is 7.32% followed by Nevada at 5.58%

http://money.cnn.com/news/storysupplement/economy/bank_failures/index.htm

Phoenix – Arizona, one of the hardest hit real estate markets, is also getting hit hard in the job market. With layoffs by the thousands and the highest foreclosure rate in the country, people have to find new ways to generate income outside of …