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Sunday, October 11, 2009

Foreclosures Movin' on Up or Euphoria Express?

by Calculated Risk on 10/11/2009 10:37:00 PM

Kind of a weird juxtaposition ...

From the WSJ: Foreclosures Grow in Housing Market's Top Tiers

About 30% of foreclosures in June involved homes in the top third of local housing values, up from 16% when the foreclosure crisis began three years ago, according to new data from real-estate Web site Zillow.com.
Meanwhile Jim the Realtor rides the Euphoria Express (mostly at the high end):