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Welcome to FHABook.com, an Informative Source of News and Updates regarding the FHA Home Loan Program.

7% Good News.

Bloomberg is reporting on figures from RealtyTrac that foreclosures in July are up 93% from last year! Although this sounds devestating, it turns out over half of these are from 5 states. So, it is pretty devestating for California, Florida, Michigan, Ohio, and Georgia and only moderately crappy for the rest of us.

One Response to “7% Good News.”

  1. Real Estate Foreclosures |

    Its not looking much better right now either. The foreclosure market is still hot here in San Diego.

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