500 Top foreclosure zip codes

[Deuce]

. . .clearly this is not a problem that is unique to Atl.

I didn't say it was a problem unique to Atlanta.

The article that I posted in my thread about a year ago dealt specifically with Georgia, and listed the Atlanta area as the main cause for Georgia's high rate of foreclosures.

I pointed out the 4 listing in the top 55 to support my point that I was merely providing information, and not hating on Atlanta. Apparently, you didn't get the point.

 

[mighty hornet]

Apparently, you didn't get the point.

:lol:
yeah I did, but its all good..... well actually, the foreclosures are not good. Not just in Atl, but everywhere they're happening.

 

[Deuce]

 

[mighty hornet]

:lol::lol:

 

[SLT]

Deuce, I'm surprised it took you that long to give mh a


@ mh

 

[Deuce]

Deuce, I'm surprised it took you that long to give mh a

:lol:

If he hadn't been a fellow HORNET, I would've given him one immediately. :lol:

 

[D-NICE]

mh, Michael Baisden did a show about this very thing about 2 weeks ago, and judging by the callers calling from Detroit, you could tell they were having real problems out there. I remember one realtor who called from Detroit talking about a house that was foreclosed on in Bloomfield Hills (a pretty nice area in metro Detroit), who said that they're dayum near giving foreclosure houses away out there. She said the house was appraised at 280k, but they ended up selling it for about 75k, because the housing marketi so bad out there.

Michael Baisden even talked about how bad the market is in Miami, and how he had to sell his spot. Be careful homebuyers, because in a lot of markets it's truly "Buyer Beware."

NICE

 

[mighty hornet]

LOL@SLT and Deuce
:lol::lol:

Don't shoot me for clarifying the numbers.

 

[mighty hornet]

She said the house was appraised at 280k, but they ended up selling it for about 75k, because the housing marketi so bad out there.

DAMN!!!

not to sound insensitive, but the flip side of foreclosure is the helluva deals a buyer can potentially get. (Although, a buyer would have to be mindful that the area may have a lot of foreclosures, and once you buy, then you'll end up hating the surrounding foreclosures. LOL)

 

[msp1911]

mh, Michael Baisden did a show about this very thing about 2 weeks ago, and judging by the callers calling from Detroit, you could tell they were having real problems out there. I remember one realtor who called from Detroit talking about a house that was foreclosed on in Bloomfield Hills (a pretty nice area in metro Detroit), who said that they're dayum near giving foreclosure houses away out there. She said the house was appraised at 280k, but they ended up selling it for about 75k, because the housing marketi so bad out there.

Michael Baisden even talked about how bad the market is in Miami, and how he had to sell his spot. Be careful homebuyers, because in a lot of markets it's truly "Buyer Beware."

NICE

Wow. We have to manage our money better. This whole country is making poor decisions when it comes to money.

 

[CEE DOG]

Wow. We have to manage our money better. This whole country is making poor decisions when it comes to money.

Poor decisions aren't really the problem. When the skill labor jobs in this country are being reduced every day that's our problem. There are no jobs in the motor city. Their has to be a balance in th the blue collar/ white collar sector. Leadership of this country os the problem. The Republicans are destroying us with the only answer they have is WAR. They are still blaming Clinton when te onlything he did wrong was get a blow job.

 

[ALPHA3]

Poor decisions aren't really the problem. When the skill labor jobs in this country are being reduced every day that's our problem. There are no jobs in the motor city. Their has to be a balance in th the blue collar/ white collar sector. Leadership of this country os the problem. The Republicans are destroying us with the only answer they have is WAR. They are still blaming Clinton when te onlything he did wrong was get a blow job.

You are absolutely correct. When Bush first took office I told people that man would cause this country so many problems. Bush picked up where Reagan left off. They made the rich get richer and the poor get poorer.

 

[Blacknbengal]

I know all these areas.

30349 Atlanta GA 0 245 178 423 (College Park)

30032 Decatur GA 1 204 166 371

30135 Douglasville GA 0 167 138 305

30034 Decatur GA 1 151 143 295

30281 Stockbridge GA 0 173 117 290

30083 Stone Mountain GA 0 147 133 280

30045 Lawrenceville GA 0 142 122 264

30044 Lawrenceville GA 0 154 101 255

30238 Jonesboro GA 0 145 99 244

30294 Ellenwood GA 1 144 92 237

30088 Stone Mountain GA 0 102 124 226

30134 Douglasville GA 0 122 104 226

30127 Powder Springs GA 0 154 67 221

30039 Snellville GA 0 148 68 216

30296 Riverdale GA 1 140 61 202

30213 Fairburn GA 0 108 84 192

30228 Hampton GA 1 107 81 189

30236 Jonesboro GA 0 115 57 172

30180 Villa Rica GA 0 93 68 161

 

[jag4life]

Poor decisions aren't really the problem. When the skill labor jobs in this country are being reduced every day that's our problem. There are no jobs in the motor city. Their has to be a balance in th the blue collar/ white collar sector. Leadership of this country os the problem. The Republicans are destroying us with the only answer they have is WAR. They are still blaming Clinton when te onlything he did wrong was get a blow job.

Poor money decisions ARE a major problem.... when you have a "good" (relatively speaking) job and STILL live check to check that is a problem.

 

[limefree]

No surprise seeing all of those zip codes in CA. A lot of those areas had the least expensive homes and people just wanted to get in a house.

 

[D-NICE]

Poor money decisions ARE a major problem.... when you have a "good" (relatively speaking) job and STILL live check to check that is a problem.

j4l, poor money decisions play a huge roll, but in an area like Detroit, where so much rides on the auto industry (which is in turmoil right now), the job market is up, and down. I know when my wife was living there, it was surprising to me, to find out how many people only had seasonal jobs, and it was hard finding a everyday job/career, because so much rode on the auto industry's back. When the automakers are hurting, a lot of the subsidary companies that rely on the automakers hurt too.

For them, it wasn't just the auto industry, because they had a massive teacher layoff, or stirke recently, I can't remember which one it was, but there were a lot of people out of work.

NICE

 

[jag4life]

j4l, poor money decisions play a huge roll, but in an area like Detroit, where so much rides on the auto industry (which is in turmoil right now), the job market is up, and down. I know when my wife was living there, it was surprising to me, to find out how many people only had seasonal jobs, and it was hard finding a everyday job/career, because so much rode on the auto industry's back. When the automakers are hurting, a lot of the subsidary companies that rely on the automakers hurt too.

For them, it wasn't just the auto industry, because they had a massive teacher layoff, or stirke recently, I can't remember which one it was, but there were a lot of people out of work.

NICE

Oh yeah Detroit is in serious trouble because of the auto industry. I agree.

But in the DFW area, for example, they don't depend on one industry for the majority of their jobs.

 

[CEE DOG]

Poor money decisions ARE a major problem.... when you have a "good" (relatively speaking) job and STILL live check to check that is a problem.

That's true, but I was talking about more people in the skill labor sector like Detriot. Manufactoring jobs are hurting this economy in this country something bad.

 

[Da_Sperm]

Oh yeah Detroit is in serious trouble because of the auto industry. I agree.

But in the DFW area, for example, they don't depend on one industry for the majority of their jobs.

The DFW area is a corporate headquarter area, heavily loaded in TECH jobs. Downsizing has been a way of life in the DFW area for the past 7 years.

 

[jag4life]

The DFW area is a corporate headquarter area, heavily loaded in TECH jobs. Downsizing has been a way of life in the DFW area for the past 7 years.

It ain't nearly on the level of a Detroit.

 

[delock]

And neither one is close too what is going on in other cities.......


Only one spot near Houston made the list which is a surprise to me...

 

[jag4life]

Only one spot near Houston made the list which is a surprise to me...

Me too...I thought it would have at least 5-10 on the list.

 

[delock]

And we know Frisco aint no bigger then Grambling.

Pearland
Mo City
Kingwood
Woodlands (yes the Woodlands)

I will like to see this same list at the end of the year with rising gas cost

 

[Tony]

Them ARM's got a lot of folks twisted. When the wife and I bought our house, our realtor tried to tell us we could buy a whole lot more house for the same money. When I found out he was talking about an ARM, I ended that discussion right there. :tdown:

You are smart.

Who in their right mind would want
to live like an award show every month
not knowing exactly what your mortgage payment may be?

Every Month The Envelope Please... :scared:

 

[CEE DOG]

You are smart.

Who in their right mind would want
to live like an award show every month
not knowing exactly what your mortgage payment may be?

Every Month The Envelope Please... :scared:

Did someone call Al Greenspan's name? :what: