Here’s some interesting information from The Big Picture regarding foreclosure filings by state.
Colorado leads the nation, followed by Nevada, with Texas and Florida not too far behind.
Kentucky is near to the middle, which is better but with the total number of foreclosures trending upward, there’s still cause for concern. Homebuyers need to exercise common sense when shopping because lenders will still dangle those large numbers in front of our eyes, whether we truly afford them or not.
