New data suggest that foreclosures are rising in more expensive housing markets.

About 30% of foreclosures in June involved homes in the top third of local housing values, up from 16% when the foreclosure crisis began three years ago, according to new data from real-estate Web site

Read the full article by Nick Timiraos “Foreclosures Grow in Housing market’s Top Tiers” in the Wall Street Journal (Oct 12, 2009).

Developments featured in this article

More Like This

Facebook Chatter