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Anniversary

Financial Crisis: Housing - 08 Jul 2009
Financial Crisis: Housing - 08 Jul 2009
USA-STATES/BUDGETS-AUTOS
RTR25627
June 29, 2009
A "For Sale- Bank Owned" sign sits in front of a home in Pontiac, Michigan June 19, 2009. The decline...
Pontiac, UNITED STATES
A "For Sale- Bank Owned" sign sits in front of a home in Pontiac, Michigan
A "For Sale- Bank Owned" sign sits in front of a home in Pontiac, Michigan June 19, 2009. The decline of U.S. automakers has for years affected those who live in Pontiac. Now the city's dead look set to feel the pain as well. Mayor Clarence Phillips says "we can no longer afford" the $400,000 the city spends each year on the upkeep of cemeteries in light of fresh local plant closures and job losses at General Motors Corp, the largest employer and taxpayer in the city of 66,000. Picture taken June 19, 2009. REUTERS/Rebecca Cook (UNITED STATES TRANSPORT BUSINESS EMPLOYMENT)
FORECLOSURE-TENANTS/
RTR24KAM
June 11, 2009
Lisette Herrera, 36, (L) sits with her son Angel Guevara, 2, and daughter Iliana Guevara, 3 months, in...
Los Angeles, UNITED STATES
Lisette Herrera sits in the living room of the apartment they are being evicted from, in Los Angeles
Lisette Herrera, 36, (L) sits with her son Angel Guevara, 2, and daughter Iliana Guevara, 3 months, in the living room of the apartment they are being evicted from, in Los Angeles, June 11, 2009. Herrera's family is one of four being evicted from their foreclosed apartment building. The tenants were paying their rent, but had their trash services cut off and are now being evicted after the owner failed to pay the mortgage. REUTERS/Lucy Nicholson (UNITED STATES POLITICS BUSINESS SOCIETY)
FORECLOSURE-TENANTS/
RTR24KBF
June 11, 2009
Vicente Oliveros holds up his eviction notice in Los Angeles, June 11, 2009. Oliveros was paying his...
Los Angeles, UNITED STATES
Vicente Oliveros holds up his eviction notice in Los Angeles
Vicente Oliveros holds up his eviction notice in Los Angeles, June 11, 2009. Oliveros was paying his $773 monthly rent and has lived in the apartment for 10 years, but had his trash services cut off and is now being evicted after the apartment building owner failed to pay the mortgage. REUTERS/Lucy Nicholson (UNITED STATES POLITICS BUSINESS SOCIETY)
FORECLOSURE-TENANTS/
RTR24KAE
June 11, 2009
Protesters hold signs outside a foreclosed apartment building, which four families are being evicted...
Los Angeles, UNITED STATES
Protesters hold signs outside a foreclosed apartment building, which four families are being evicted...
Protesters hold signs outside a foreclosed apartment building, which four families are being evicted from, in Los Angeles, June 11, 2009. The tenants were paying their rent, but had their trash services cut off and are now being evicted after the owner failed to pay the mortgage on the building. REUTERS/Lucy Nicholson (UNITED STATES POLITICS BUSINESS SOCIETY CONFLICT)
PROPERTY-CALIFORNIA/PRICES
RTR24KEX
June 12, 2009
Matt Bording and Mangala Abeysinghe stand in front of their home in Richmond, California June 8, 2009....
Richmond, UNITED STATES
To match feature PROPERTY-CALIFORNIA/PRICES
Matt Bording and Mangala Abeysinghe stand in front of their home in Richmond, California June 8, 2009. Bording is walking away from his mortgage because his home has lost so much of its value, and he expects others in his financial bind will as well despite some recent hopeful signs that home prices in the state may be firming. To match feature PROPERTY-CALIFORNIA/PRICES REUTERS/Robert Galbraith (UNITED STATES SOCIETY BUSINESS)
PROPERTY-CALIFORNIA/PRICES
RTR24KEZ
June 12, 2009
Matt Bording and Mangala Abeysinghe move some of their belongings from their home in Richmond, California...
Richmond, UNITED STATES
To match feature PROPERTY-CALIFORNIA/PRICES
Matt Bording and Mangala Abeysinghe move some of their belongings from their home in Richmond, California June 8, 2009. Bording is walking away from his mortgage because his home has lost so much of its value, and he expects others in his financial bind will as well despite some recent hopeful signs that home prices in the state may be firming. To match feature PROPERTY-CALIFORNIA/PRICES REUTERS/Robert Galbraith (UNITED STATES SOCIETY BUSINESS)
PROPERTY-CALIFORNIA/PRICES
RTR24KF2
June 12, 2009
Matt Bording and Mangala Abeysinghe move belongings from their home in Richmond, California June 8, 2009....
Richmond, UNITED STATES
To match feature PROPERTY-CALIFORNIA/PRICES
Matt Bording and Mangala Abeysinghe move belongings from their home in Richmond, California June 8, 2009. Bording is walking away from his mortgage because his home has lost so much of its value, and he expects others in his financial bind will as well despite some recent hopeful signs that home prices in the state may be firming. To match feature PROPERTY-CALIFORNIA/PRICES REUTERS/Robert Galbraith (UNITED STATES SOCIETY BUSINESS)
PROPERTY-CALIFORNIA/PRICES
RTR24KEW
June 12, 2009
Matt Bording and Mangala Abeysinghe pack belongings from their home in Richmond, California June 8, 2009....
Richmond, UNITED STATES
To match feature PROPERTY-CALIFORNIA/PRICES
Matt Bording and Mangala Abeysinghe pack belongings from their home in Richmond, California June 8, 2009. Bording is walking away from his mortgage because his home has lost so much of its value, and he expects others in his financial bind will as well despite some recent hopeful signs that home prices in the state may be firming. To match feature PROPERTY-CALIFORNIA/PRICES REUTERS/Robert Galbraith (UNITED STATES SOCIETY BUSINESS)
USA-ECONOMY/HOUSING
RTXDMGO
April 04, 2009
Prospective home buyer Jessica Doctoroff talks to her real estate agent Stephen Bremis (R) while viewing...
Somerville, UNITED STATES
Prospective home buyer Jessica Doctoroff talks to her real estate agent Stephen Bremis (R) while viewing...
Prospective home buyer Jessica Doctoroff talks to her real estate agent Stephen Bremis (R) while viewing a condominium for sale in Somerville, Massachusetts April 2, 2009. Pending sales of existing U.S. homes rose modestly in February but the market is still weak in the face of continued declines in home values and a recession, according to the National Association of Realtors Pending Home Sales Index REUTERS/Brian Snyder (UNITED STATES)
USA-ECONOMY/HOUSING
RTXE8LM
April 22, 2009
Prospective home buyer Jessica Doctoroff (R) stands on the porch of a condominium for sale with her real...
Somerville, UNITED STATES
Prospective home buyer Jessica Doctoroff stands on the porch of a condominium for sale with her real...
Prospective home buyer Jessica Doctoroff (R) stands on the porch of a condominium for sale with her real estate agent Brenda Bremis in Somerville, Massachusetts April 2, 2009. After one of the worst slumps in memory, the housing market in the Northeast United States is stirring to life with more buyers on the prowl and bigger crowds at home showings. But few are in a rush to buy and many of those willing to spend find it hard to get mortgages, suggesting a strong recovery is still some way off and those hoping for a swift return to the go-go days will be disappointed. To match feature USA-HOUSING/ REUTERS/Brian Snyder (UNITED STATES)
USA-HOUSING/
RTXE8AG
April 22, 2009
Prospective home buyer Jessica Doctoroff (R) visits a condominium for sale with her real estate agent...
Somerville, UNITED STATES
To match feature USA-HOUSING/
Prospective home buyer Jessica Doctoroff (R) visits a condominium for sale with her real estate agent Stephen Bremis in Somerville, Massachusetts April 2, 2009. After one of the worst slumps in memory, the housing market in the Northeast United States is stirring to life with more buyers on the prowl and bigger crowds at home showings. Picture taken April 2, 2009. To match feature USA-HOUSING/ REUTERS/Brian Snyder (UNITED STATES BUSINESS)
USA-HOUSING/
RTXE8AN
April 22, 2009
Prospective home buyer Jessica Doctoroff tours a condominium for sale in Somerville, Massachusetts April...
Somerville, UNITED STATES
To match feature USA-HOUSING/
Prospective home buyer Jessica Doctoroff tours a condominium for sale in Somerville, Massachusetts April 2, 2009. After one of the worst slumps in memory, the housing market in the Northeast United States is stirring to life with more buyers on the prowl and bigger crowds at home showings. Picture taken April 2, 2009. To match feature USA-HOUSING/ REUTERS/Brian Snyder (UNITED STATES BUSINESS)
COSTARICA/
RTXD9QV
March 27, 2009
A construction project which is abandoned due to the economic crisis is seen along Tamarindo beach, Guanacaste,...
San Jose, Costa Rica
A construction project which is abandoned due to the economic crisis is seen along Tamarindo beach
A construction project which is abandoned due to the economic crisis is seen along Tamarindo beach, Guanacaste, 250 miles (402.3 km) north of San Jose, March 2, 2009. Hotels in the Province of Guanacaste, where Tamarindo is located, reported drops in occupancy of an average of 30 percent in January compared to 2008, said Pablo Solano, of Costa Rica's National Chamber of Hotels. REUTERS/Juan Carlos Ulate (COSTA RICA)
COSTARICA/
RTXDAE4
March 27, 2009
A sign advertising condominiums which reads "For Sale or Rent" is seen in Tamarindo beach in Guanacaste,...
San Jose, Costa Rica
Sign advertising condominiums is seen in Guanacaste
A sign advertising condominiums which reads "For Sale or Rent" is seen in Tamarindo beach in Guanacaste, 250 miles (402.3 km) north of San Jose March 2, 2009. Hotels in the Province of Guanacaste, where Tamarindo is located, reported drops in occupancy of an average of 30 percent in January compared to 2008, said Pablo Solano, of Costa Rica's National Chamber of Hotels. REUTERS/Juan Carlos Ulate (COSTA RICA BUSINESS TRAVEL)
COSTARICA/
RTXDAES
March 27, 2009
A banner advertising for luxury condominiums hangs from a building in Tamarindo beach, Guanacaste, 250...
San Jose, Costa Rica
Nanner advertising for luxury condominiums hangs from building in Guanacaste
A banner advertising for luxury condominiums hangs from a building in Tamarindo beach, Guanacaste, 250 miles (402.3 km) north of San Jose March 2, 2009. Hotels in the Province of Guanacaste, where Tamarindo is located, reported drops in occupancy of an average of 30 percent in January compared to 2008, said Pablo Solano, of Costa Rica's National Chamber of Hotels. REUTERS/Juan Carlos Ulate (COSTA RICA BUSINESS TRAVEL)
COSTARICA/
RTXDAFF
March 27, 2009
A combination photo shows construction workers at a construction site in April 2008 (L) and a general...
San Jose, Costa Rica
Combination photo shows construction workers at construction site in April 2008 and general view of same...
A combination photo shows construction workers at a construction site in April 2008 (L) and a general view of the same construction site on March 2, 2009. Hotels in the Province of Guanacaste, where Tamarindo is located, reported drops in occupancy of an average of 30 percent in January compared to 2008, said Pablo Solano, of Costa Rica's National Chamber of Hotels. REUTERS/Juan Carlos Ulate (COSTA RICA BUSINESS TRAVEL)
DUBAI/
RTX3R9Q
November 21, 2007
Heavy fog rolls by early in the morning near the Dubai Marina November 21, 2007. Fog across the United...
Dubai, United Arab Emirates
Heavy fog rolls by early in the morning near the Dubai Marina
Heavy fog rolls by early in the morning near the Dubai Marina November 21, 2007. Fog across the United Arab Emirates has disrupted traffic and delayed many flights over the last few days. REUTERS/Steve Crisp (UNITED ARAB EMIRATES) also see: GF2DXDLEVIAA
JAPAN/
RTX9SBW
October 22, 2008
A worker stands on a crane which is parked at a construction site at Keihin industrial zone in Kawasaki,...
Kawasaki, Japan
A worker stands on a crane which is parked at a construction site at Keihin industrial zone in Kawasaki...
A worker stands on a crane which is parked at a construction site at Keihin industrial zone in Kawasaki, south of Tokyo October 22, 2008. REUTERS/Kim Kyung-Hoon (JAPAN)
CHINA/
RTR20ETK
July 22, 2008
Workers walk on the roof of the Beijing South Railway Station undergoing final stages of construction...
Beijing, China
Workers walk on the roof of the Beijing South Railway Station undergoing final stages of construction...
Workers walk on the roof of the Beijing South Railway Station undergoing final stages of construction July 22, 2008. The station will be put to formal use August 1 as a sophisticated railway hub for the inter-city CRH between Beijing and Tianjin during the Beijing 2008 Olympic Games, Xinhua reported. REUTERS/Jason Lee (CHINA) (BEIJING OLYMPICS 2008 PREVIEW)
RUSSIA-ECONOMY/
RTXC40R
February 26, 2009
A man walks inside a building that is under construction near Moscow's new financial district, Moscow...
Moscow, Russia
A man walks inside a building that is under construction near Moscow's new financial district, Moscow...
A man walks inside a building that is under construction near Moscow's new financial district, Moscow City, February 26, 2009. Russia's economic outlook darkened with a government forecast for a 2.2 percent contraction adding to a batch of gloomy data releases to put pressure on the rouble and stocks. REUTERS/Denis Sinyakov (RUSSIA)
MIRAX-CREDITSUISSE/
RTXBHRX
February 11, 2009
Skyscrapers under construction are seen in Moscow's new business district Moscow City, February 11, 2009....
Moscow, Russia
Skyscrapers under construction are seen in Moscow's new business district Moscow City
Skyscrapers under construction are seen in Moscow's new business district Moscow City, February 11, 2009. Developer Mirax said on Wednesday it had agreed new terms with Credit Suisse on a $200 million loan in Russia's first large restructuring deal as the country faces increased scrutiny over its $400 billion corporate debt. Mirax is the developer of highly visible projects such as the Federation Tower skyscraper in Moscow's new financial district. The twin towers on the left of the picture form the Federation Tower complex. REUTERS/Alexander Natruskin (RUSSIA)
UKRAINE-CRISIS/CONSTRUCTION
RTR22XG4
December 30, 2008
A billboard advertising a new residential complex stands near an unfinished building in Kiev December...
Kiev, Ukraine
To match feature UKRAINE-CRISIS/CONSTRUCTION
A billboard advertising a new residential complex stands near an unfinished building in Kiev December 24, 2008. Dozens of unfinished buildings dot the Kiev skyline, their abandoned hulks embodying the damage that the world's financial crisis has inflicted on Ukraine. Picture taken December 24, 2008. To match feature UKRAINE-CRISIS/CONSTRUCTION REUTERS/Gleb Garanich (UKRAINE)
CHINA-ECONOMY/
RTR22MHC
December 16, 2008
A labourer transports bricks at a construction site in Shanghai December 16, 2008. Spending in urban...
Shanghai, China
A labourer transports bricks at a construction site in Shanghai
A labourer transports bricks at a construction site in Shanghai December 16, 2008. Spending in urban areas on fixed assets from apartments to factories rose 26.8 percent in the first 11 months of the year compared with the same period in 2007, down from 27.2 percent in the first 10 months and roughly in line with expectations. REUTERS/Aly Song (CHINA)
CHINA-ECONOMY/
RTR2263R
December 02, 2008
People work at a construction site in Beijing December 2, 2008. China's top economic policy makers will...
Beijing, China
People work at a construction site in Beijing
People work at a construction site in Beijing December 2, 2008. China's top economic policy makers will convene next week to plot how to secure growth of at least 8 percent in 2009, government officials said on Tuesday. REUTERS/Jason Lee (CHINA)
DUBAI/
RTX9LZO
October 16, 2008
Camels are seen early morning on a beach in the Marina area of Dubai October 16, 2008. REUTERS/Steve...
Dubai, United Arab Emirates
Camels are seen early morning on a beach in the Marina area of Dubai
Camels are seen early morning on a beach in the Marina area of Dubai October 16, 2008. REUTERS/Steve Crisp (UNITED ARAB EMIRATES) FOR BEST QUALITY AVAILABLE SEE GM1E57V1R6I01
INDONESIA-KALLA/ECONOMY
RTX6QAP
June 10, 2008
An Indonesian worker is seen at the construction site for Bakrie Tower in Jakarta's business district...
Jakarta, Indonesia
An Indonesian worker is seen at the construction site for Bakrie Tower in Jakarta's business district...
An Indonesian worker is seen at the construction site for Bakrie Tower in Jakarta's business district June 10, 2008.Indonesian Vice President Yusuf Kalla said on Tuesday he expected growth to exceed 6 percent this year, helped by rising exports of commodities such as palm oil and cocoa, and reach 9 percent by 2011. REUTERS/Beawiharta (INDONESIA)
MALAYSIA/
RTXC1ZN
February 25, 2009
A Bangladeshi sits near mosquito nets under a bridge behind the Bangladesh High Commission in Kuala Lumpur...
Kuala Lumpur, Malaysia
A Bangladeshi sits near mosquito nets under a bridge behind the Bangladesh High Commission in Kuala Lumpur...
A Bangladeshi sits near mosquito nets under a bridge behind the Bangladesh High Commission in Kuala Lumpur February 25, 2009. Hundreds of Bangladeshi workers have been living along the cemented banks of Gombak river, fleeing their employers who have delayed paying their wages. Many Bangladeshis say they have not been paid for up to nine months as the recession bites into Malaysia's construction, manufacturing and services industries. REUTERS/Zainal Abd Halim (MALAYSIA)
FINANCIAL-USA/
RTXCIJT
March 08, 2009
A sign marks the entrance for REDC Foreclosure Home Auction in New York, March 8, 2009. Registered attendees...
New York, UNITED STATES
A sign marks the entrance for REDC Foreclosure Home Auction in New York
A sign marks the entrance for REDC Foreclosure Home Auction in New York, March 8, 2009. Registered attendees must show a $ 5,000 cashier's check or cash, and checkbook in order to verify that they are able to deposit the required Earnest Money Deposit due on the auction day if they are the winning bidder. REUTERS/Shannon Stapleton (UNITED STATES BUSINESS POLITICS IMAGE OF THE DAY TOP PICTURE)
FINANCIAL-USA/FORECLOSURES
RTXCIJX
March 08, 2009
People protest outside the entrance for the Real Estate Disposition Corp (REDC) Foreclosure Home Auction...
New York, UNITED STATES
People protest outside the entrance for the Real Estate Disposition Corp Foreclosure Home Auction in...
People protest outside the entrance for the Real Estate Disposition Corp (REDC) Foreclosure Home Auction in New York, March 8, 2009. The auction of foreclosed homes in New York City on Sunday drew protesters who blamed banks for an epidemic of home losses and called for a moratorium on evictions and foreclosures. REUTERS/Shannon Stapleton (UNITED STATES BUSINESS CONFLICT IMAGE OF THE DAY TOP PICTURE)
USA/
RTXCH5P
March 07, 2009
Potential buyers arrive for an auction in Boston, Massachusetts of hundreds of foreclosed homes from...
Boston, UNITED STATES
Potential buyers arrive for an auction in Boston, Massachusetts of hundreds of foreclosed homes from...
Potential buyers arrive for an auction in Boston, Massachusetts of hundreds of foreclosed homes from Massachusetts and New Hampshire March 7, 2009. REUTERS/Brian Snyder (UNITED STATES BUSINESS)
USA/
RTXCH1Q
March 07, 2009
A bidder's assistant calls out a bid at an auction by USHomeAuction.com in Boston, Massachusetts, of...
Boston, UNITED STATES
Bidder's assistant calls out bid at auction by USHomeAuction.com in Boston
A bidder's assistant calls out a bid at an auction by USHomeAuction.com in Boston, Massachusetts, of hundreds of foreclosed homes from Massachusetts and New Hampshire, March 7, 2009. REUTERS/Brian Snyder (UNITED STATES BUSINESS)
USA/
RTXCH5Y
March 07, 2009
A potential buyer holds a list of the houses being sold at an auction in Boston, Massachusetts of hundreds...
Boston, UNITED STATES
A potential buyer holds a list of the houses being sold at an auction in Boston, Massachusetts of hundreds...
A potential buyer holds a list of the houses being sold at an auction in Boston, Massachusetts of hundreds of foreclosed homes from Massachusetts and New Hampshire March 7, 2009. REUTERS/Brian Snyder (UNITED STATES BUSINESS)
FANNIEMAE
RTR20RM8
August 08, 2008
The headquarters of mortgage lender Fannie Mae is shown in Washington in this file photo from October...
Washington, UNITED STATES
File photo of headquarters of mortgage lender Fannie Mae is shown in Washington
The headquarters of mortgage lender Fannie Mae is shown in Washington in this file photo from October 3, 2006.
Fannie Mae, the largest U.S. home funding source, posted a much larger-than-expected second-quarter loss on August 8, 2008 and slashed its dividend more than 85 percent to preserve capital as home loan defaults accelerated in the bleakest U.S. housing market since the Great Depression. REUTERS/Jason Reed/Files (UNITED STATES)
MARKETS-STOCKS
RTR20GUJ
July 23, 2008
The corporate logo for Freddie Mac is seen at its headquarters building in McLean, Virginia, July 23,...
Mclean, UNITED STATES
The corporate logo for Freddie Mac is seen at its headquarters building in McLean
The corporate logo for Freddie Mac is seen at its headquarters building in McLean, Virginia, July 23, 2008. U.S. stocks rose on Wednesday as financial shares climbed on hopes lawmakers will approve a rescue plan for mortgage finance companies Fannie Mae and Freddie Mac and as the price of oil fell. REUTERS/Larry Downing (UNITED STATES)
USA-ECONOMY/
RTX7AVL
June 24, 2008
New home construction continues in Carlsbad, California June 24, 2008.U.S. consumer sentiment slid to...
Carlsbad, UNITED STATES
New home construction continues in Carlsbad, California as consumer sentiment slid to a 16-year low in...
New home construction continues in Carlsbad, California June 24, 2008.U.S. consumer sentiment slid to a 16-year low in June and house prices suffered record annual drops in April, according to data on Tuesday that suggested a retrenchment in spending that will hinder already meager economic growth. REUTERS/Mike Blake (UNITED STATES)
USA POLITICS/FORECLOSURES
RTR1WO9I
February 04, 2008
Cesar Dias, whose company sets up bus tours of foreclosure properties for potential buyers, is shown...
Stockton, UNITED STATES
Cesar Dias is shown next to a bus which takes prospective buyers on tour of foreclosed homes in Stockton...
Cesar Dias, whose company sets up bus tours of foreclosure properties for potential buyers, is shown next his bus prior to touring homes that have foreclosed in Stockton, California February 2, 2008. California ranks second in the nation for foreclosure filings. Stockton posted one foreclosure for every 31 households in the third quarter of 2007, the highest foreclosure rate among the 100 largest U.S. metropolitan areas in that period, according to real estate data company RealtyTrac. REUTERS/Robert Galbraith (UNITED STATES)
USA POLITICS/FORECLOSURES
RTR1WO9M
February 04, 2008
A company that provides bus tours to potential investors tours a neighborhood during a tour of homes...
Stockton, UNITED STATES
Bus tour looks over foreclosed homes in Stockton
A company that provides bus tours to potential investors tours a neighborhood during a tour of homes that have foreclosed in Stockton, California February 2, 2008. California ranks second in the nation for foreclosure filings. Stockton posted one foreclosure for every 31 households in the third quarter of 2007, the highest foreclosure rate among the 100 largest U.S. metropolitan areas in that period, according to real estate data company RealtyTrac. Picture taken February 2. REUTERS/Robert Galbraith (UNITED STATES)
USA POLITICS/FORECLOSURES
RTR1WO9N
February 04, 2008
A potential investor, part of a bus tour of homes that have foreclosed, is shown leaving a vacant property...
Stockton, UNITED STATES
Potential investors tour foreclosed homes in Stockton
A potential investor, part of a bus tour of homes that have foreclosed, is shown leaving a vacant property for sale in Stockton, California February 2, 2008. California ranks second in the nation for foreclosure filings. Stockton posted one foreclosure for every 31 households in the third quarter of 2007, the highest foreclosure rate among the 100 largest U.S. metropolitan areas in that period, according to real estate data company RealtyTrac. Picture taken February 2. REUTERS/Robert Galbraith (UNITED STATES)
USA POLITICS/FORECLOSURES
RTR1WO9J
February 04, 2008
Potential buyers enter a home during a bus tour provided by a company that provides investors with view...
Stockton, UNITED STATES
Potential buyers tour foreclosed properties in Stockton
Potential buyers enter a home during a bus tour provided by a company that provides investors with view of homes that have foreclosed in Stockton, California February 2, 2008. California ranks second in the nation for foreclosure filings. Stockton posted one foreclosure for every 31 households in the third quarter of 2007, the highest foreclosure rate among the 100 largest U.S. metropolitan areas in that period, according to real estate data company RealtyTrac. Picture taken February 2. REUTERS/Robert Galbraith (UNITED STATES)
USA POLITICS/FORECLOSURES
RTR1WO9K
February 04, 2008
Rande Ross looks over a foreclosed home during a bus tour of homes for sale in Stockton, California February...
Stockton, UNITED STATES
Rande Ross looks over foreclosed property in Stockton
Rande Ross looks over a foreclosed home during a bus tour of homes for sale in Stockton, California February 2, 2008. A company runs bus tours of foreclosed homes for potential investors. California ranks second in the nation for foreclosure filings. Stockton posted one foreclosure for every 31 households in the third quarter of 2007, the highest foreclosure rate among the 100 largest U.S. metropolitan areas in that period, according to real estate data company RealtyTrac. Picture taken February 2. REUTERS/Robert Galbraith (UNITED STATES)
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