[click to enlarge]

This is nice because it shows us the intensity / location of the foreclosures in an easy to identify format
Some quick comments
- Look at that US wind corridor from TX to North Dakota - almost foreclosure free except for areas around big cities. Go rural America. (also benefitting from the fact they did not have huge spikes up in values in the 2002-2006 time frame)
- All the usual suspects make their appearance - the 6 Horsemen (CA, NV, AZ, FL, MI, OH) - note the latter two are starting to "lighten" to a softer shade of pink now since we've been suffering through this for far longer than the rest of the country.
- Northern VA has super high cost of housing, and the results to match
- northern CO? I assume that is Denver or north of it?
- Tennessee looks to be in quite bad shape - just as bad as Ohio. I wonder why that is - it spans the entire state.
- Northern GA is in bad shape and North Carolina was supposed to be the epitome of stability but seems to be having a lot of issues
- The northeast corridor between New Jersey and New Hampshire is in pretty tough shape but the cost of living is so intense there, and some serious high taxes - so perhaps not quite the surprise.
- Indiana worse than I thought, Pennsylvania better than I thought
- While foreclosures continue to rise nationwide, efforts in some states to give borrowers more time before losing their homes appear to be working. In Maryland, where a new law has increased the time to finalize a foreclosure to 150 days from just 15, foreclosure filings dropped almost 18% from last year's levels. In Massachusetts, which last year passed a similar law, filings dropped almost 3%.