Of course the world is in the grip of a recession not just the USA ,but thought l would share this report with my american friends just for interest.
Metro areas in California, Florida, Nevada and Arizona topped the foreclosure filing list for the first quarter of 2009 .
A foreclosure filing includes default papers, auction sale notices and repossessions.
Las Vegas had the highest rate of foreclosures of any city, with one in every 22 homes subject to a foreclosure filing in the first three months of the year. The rate of foreclosure filings was 4.5%, seven times the national average.
Seems like Vegas is taking a huge hit !
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Reason for posting ! If sales are slow dont worry all recessions end and then the good days will roll again
