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#1 in Foreclosures

Published:

I asked someone to send me a link to an article about foreclosures in Florida.  This wasn't what I was expecting.

http://online.wsj.com/public/article_print/SB120665043471469547.html

Definitely not my price range, but I guess $2.4 million is a bargain to a lot of people!

Entry #139

Comments

1.
justxploringComment by justxploring - April 2, 2008, 5:05 am
Something is wrong. It's 1 minute after I just wrote this and I can't edit it.
2.
justxploringComment by justxploring - April 2, 2008, 5:06 am
Okay - says "edit, delete, but then I get this in red

The time period for editing this blog entry has expired.

3.
spy153Comment by spy153 - April 2, 2008, 11:40 am
had the same problem on mine too. Maybe we should tell todd?
4.
LottoVantageComment by LottoVantage - April 2, 2008, 11:54 am
Had the same problem on mine yesterday evening, thought I was just dragging my feet, but guess NOT!!
5.
justxploringComment by justxploring - April 2, 2008, 3:05 pm
Thanks for letting me know. Todd is probably just working on the site. If it happens again, I'll send him a message. A lot of weird things have been happening. I just stopped since I had to go to bed! :-)

Anyway, I wanted to write that although I think of short sales and foreclosures as affecting only lower income families, look at the homes that are on the market. I thought that most of the houses were under $200,000 - but maybe those are just the ones I've seen. I was surprised to find so many in the million dollar price range. I suppose that if someone has a $700,000 house and loses his/her job, it would have the same effect after savings are gone. It might feel degrading, but if I were in that situation I would try renting out a room. I once had a stranger rent from me and it was a nightmare, but I didn't run a background check because I knew him (or thought I did) from work. I once rented a room from a couple when I first got to FL. That was a long time ago and I paid them $90 a week. I have neighbors who charged their own relatives $150. Anyway, that's just an idea.   Another $400-$500 a month might save someone from disaster.
6.
justxploringComment by justxploring - April 2, 2008, 4:09 pm
Gee. The Fed today said that we might be heading toward a recession. Duh? Did you know the economy is in bad shape?   Wow..this is news to me.   I thought everyone was playing golf or taking cruises all the time, didn't you?


7.
Comment by pacattack05 - April 2, 2008, 7:07 pm
I didn't know that Justx. I thought everything was going just fine. What were you thinking? And what was the government thinking?

I could never see a connection between independant truckers going on strike on April 1st, and high fuel prices. It never crossed mymind....lol
8.
time*treatComment by time*treat - April 2, 2008, 7:59 pm
Jxp, I went and pulled up a news article from Feb 29th quoting the Prez saying he didn't think we were headed into recession. The Fed must be mistaken ... or trying to make him look bad. ;-)
9.
Comment by pacattack05 - April 2, 2008, 8:12 pm
I just saw that too timetreat. They announced today. Well...what do ya know...lol

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