Hennepin County foreclosures Google Maps mashup
The StarTribune recently posted a great Google Maps mashup showing the homes in Hennepin County that have been foreclosed on so far in 2007. Numbers are difficult to visualize, but this brings home the true scope of the problem. Here is what North Minneapolis looks like, where nearly every block has at least one foreclosed home:
5 Comments on “Hennepin County foreclosures Google Maps mashup”
Leave a comment
When you post a comment on this blog, you grant us the right to modify or delete your comment, but we have no duty to do so.
Very, very scary. And that’s just one county and one major city.
WOW, thats insane! The housing boom will likely see a housing bust and prices will fall through the floor. I guess now would the time to get a great deal.
So who do you blame for the increase in foreclosed homes, oil companies, rise in interest rates (adjustable rate mortgages), or another factor? If this trend continues could the country see a depression.
I don’t know if you can point the finger at any one “culprit,” but greedy and unscrupulous mortgage brokers, gullible consumers, and subprime lenders all play their part.
[...] is more than obvious that there are a lot of people out there who cannot afford the houses they live in. If you are in [...]