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From Richard Wold at USA Today:

Drive into the sprawling development of stucco starter homes in this Phoenix suburb by the San Tan Mountains and the first thing you notice are the “For Sale” signs.

The next thing is what many of them say: “Bank-Owned Home.”

To read more, click here.

Tags: Barack Obama, Foreclosure, Housing, mortgage
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News One Links

 
  • http://newsone.com/nation/black-and-latino-americans-hardest-hit-by-foreclosure-crisis/ Black And Latino Americans Hardest Hit By Foreclosure Crisis | News One

    [...] RELATED: Foreclosure Crisis Hits Home In Phoenix [...]

  • http://thesoulofdfw.com/national/lynnehaze/black-and-latino-americans-hardest-hit-by-foreclosure-crisis/ Black And Latino Americans Hardest Hit By Foreclosure Crisis | TheSoulOfDFW – 94.5 K-Soul

    [...] RELATED: Foreclosure Crisis Hits Home In Phoenix [...]

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