Foreclosures Are a Regional, Not a National Problem--Half Are in Four States

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We bought our home at a foreclosure sale. It was a look into another world of a good-ole boy network that did this for a living. All I could think about with each thump of the gavel were the people whose lives were ruined.

D.Focht of PA 3:32PM February 20, 2009

???

Scipio Africanus of IN 1:01PM February 20, 2009

That the states that went the craziest in the, "IT'S NEVER GONNA END!" real estate bubble are now having the hardest time returning to their senses? Hunh...who could've guessed?

R.L. Schaefer of CA 11:21AM February 20, 2009

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Michael Barone

Michael Barone

Michael Barone is a senior writer for U.S.News & World Report and principal coauthor of The Almanac of American Politics. He has written for many publications—including the Economist and the New York Times.

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