Saturday, April 3, 2010

4.5 Million Home Foreclosures by Year End

How cold and callous can we become? When, as a society and as a nation, we can undergo a massive earthquake under our very feet and before our very eyes, how can we just ignore its victims?

RealtyTrac, the California-based authority on property trends and valuations, projects 4.5 million home foreclosures before the end of this year. That’s 4.5 million homes, and with four people to a household that is eighteen million people. Eighteen million men, women and children put out into the road, people who must scramble to find shelter and scramble to find new schools for their children.

Last year it was 2.8 million homes or 11.2 million Americans put out into the road. In two years that is 29.2 million people just put out into the road. (more)

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