Wednesday, October 12, 2005

Foreclosures Up In The Heartland

The Kansas City Business Journal has this report. "Missouri had 2,513 foreclosed residential properties available for sale in September, up 13 percent from 1,902 properties in September 2004."

"Kansas had 1,076 foreclosed properties available for sale in September, up 45 percent from 742 properties in the same month last year. In Kansas, 324 of the properties were new foreclosures, up from 284 in September 2004."

And this from Pittsburg. "Last year, there were 11,000 foreclosures in Allegheny County. This year, they've already logged 9,000. Sgt. Fersch of the sheriff's department thinks that there needs to be a safety net for senior citizens before a foreclosure is imminent."

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