Foreclosure bloodbath scorecard March 08. :P

Privyet Comrades!! With how tough the U.S. ecomony is going into Spring 2008, we may find ourselves succumbing to communism because we're so broke and hungry. The real estate marktet continues to soften in every sector. I read an article in WSJ today that talked about commercial property devaluing with defaults climbing, due to increased vacancies symptomic of a sagging economy. With our sagging dollar AND real estate values, Now is the most prime buying opportunity for discounted U.S. Real Estate since the 1930's. And it's going to get worse before it gets any better. Contact me for an L.A. discounted properties list.

• Detroit/Livonia/Dearborn, Mich. (4.9 percent). • Stockton, Calif. (4.8 percent). • Las Vegas/Paradise, Nev. (4.2 percent). • Riverside/San Bernardino, Calif. (3.8 percent). • Sacramento, Calif. (3.2 percent). • Cleveland/Lorain/Elyria/Mentor, Ohio (3 percent).

But at the bottom of the list were six smaller areas where less than 0.2 percent of the households experienced foreclosure-related activity in 2007.

6 areas with low foreclosure activity

• Richmond, Va. (0.18 percent). • Allentown/Bethlehem/Easton, Pa. (0.17 percent). • Honolulu (0.16 percent). • McAllen/Edinburg/Pharr, Texas (0.13 percent). • Syracuse, N.Y. (0.13 percent). • Greenville, S.C. (0.08 percent).