Wednesday, July 22, 2009

Special report from Lehigh Acres

Citizen Special Report and Analysis: Financial crises loom in Lehigh Acres

For example a home with a $100,000 mortgage is now selling for $26,000. A sign outside a real estate office in Lehigh Acres advertises "Foreclosures from $25,000."

Holders of subprime mortgage bonds have flooded the market with foreclosed homes. More...

5 comments:

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