Most Neighborhoods Affected by Foreclosures

Destin , FL – July 12, 2011 – (RealEstateRama) — An overwhelming majority of respondents surveyed feel that the foreclosure crisis is directly affecting their neighborhoods in the U.S., according to a new Housing Predictor poll. That’s the way Americans feel about the massive foreclosure crisis, which has forcibly taken the homes of more than 7-million U.S. homeowners and is forecast to force at least another 8 million homeowners out of their homes. An estimated 4 million residential properties are currently either in the formal foreclosure process or are more than 60 days in default on mortgages.