Foreclosures Update and How Stabilizing the Housing Market Will Help Bring Stability to the Financial World

I read a lot of blogs.  I get a lot of new updates.  I sift through a lot of stuff to bring you what I hope to be valuable content.  I found a great update on the foreclosure situation including statistics suggesting foreclosures are up 25% from October 2007 but only up 5% from September of this year.  Is the carnage beginning to slow down?  Are the government programs starting to help?

Here’s a great video from The Wall Street Journal and Delores Conroy, a real estate economist from the University of Southern California.

http://online.wsj.com/video/programs-helping-slow-foreclosures/E822DF82-B800-4BEF-9BCD-01144D141D80.html

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