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NOV
11
High Stress in High-Foreclosure States
By John Askins



People in many parts of the country continue to be stressed over the lousy economy and foreclosures, according to the Associated Press’ monthly analysis of economic stress in more than 3,100 U.S. counties.

The hardest hit counties are in the Industrial Midwest, the Southwest, and the Southeast. In the North, where the economy wasn’t hit as hard by the housing bust, economic stress levels are lower.

"Housing still is at the epicenter of this crisis," said Sean Snaith, an economist at the University of Central Florida.

The highest stress levels were in states that had the worst housing meltdown:
  1. Nevada, 21.95
  2. Michigan, 17.75
  3. California, 16.2
  4. Florida, 15.4
  5. Arizona, 14.26
States with the lowest stress scores were:
  1. North Dakota, 4.07
  2. South Dakota, 5.01
  3. Nebraska, 5.71
  4. Montana, 6.6
  5. Wyoming, 6.9
Source: Associated Press
Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

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John Askins

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Welcome to Royce Realty, your source for Houston and Texas real estate. If you own property that you are thinking of selling I would be happy to provide you with a FREE Home Evaluation. If you are buyer, in this competitive real estate market, timing is everything. Many good homes are sold before...
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