Tuesday, July 29, 2008

Missouri Foreclosure Rates

Missourinet.com reports that Missouri is the 18th state with the most foreclosed properties in the nation. Kansas City and St. Louis also made it in the top 50 cities with the most foreclosed properties. Although President Bush keeps informing us that the economy is growing more and more families are finding themselves out on the street.

I am at a loss as to how the President can equate the ever growing number of homeless people with a strong economy. The Federal Reserve Bank of New York has put a map together assist one in tracking the number of foreclosures through out the United States.

Written by Kansas City Bankruptcy Attorney, Rachel Lynn Foley.