Sunday, October 11, 2009

Foreclosures Movin' on Up or Euphoria Express?

Kind of a weird juxtaposition ...

From the WSJ: Foreclosures Grow in Housing Market's Top Tiers
About 30% of foreclosures in June involved homes in the top third of local housing values, up from 16% when the foreclosure crisis began three years ago, according to new data from real-estate Web site Zillow.com.
Meanwhile Jim the Realtor rides the Euphoria Express (mostly at the high end):