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Americans continue to lose houses

July 20th, 2008

For the first half-year of 2008 the quantity of the houses, taken for debts, in cost $1 million only in area of Dallas (state of Texas) has increased more than twice in comparison with the last year.
It means that for the given period of time every 59 proprietor of habitation has lost the house. The quantity of taken houses, estimated in $500-999 thousand, has increased on 53 %.
The majority of taken houses exposed on the tenders are in a low or average price range. 83 % of all taken houses are estimated less than in $200 thousand.
Average cost of the house taken for debts, has made $140 thousand whereas 10 years ago it made $70 thousand.

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