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April 08, 2008

Foreclosure Heat Map For Monroe County

A picture is worth a thousand words.

Below is a screen shot of a map I generated at HotPads.com which illustrates the severity of the 'foreclosure crisis' here in the Poconos. It demonstrates quite clearly the eratic nature of real estate markets, even in our immediate vicinity. Check out the map for the entire country and zoom in on other areas to see how local real estate markets, and foreclosure problems, really are.

The maps are compiled using data from Realtytrac and then color-coded to illustrate foreclosure densities. The cooler the colors, the less foreclosures there are...as the maps changes over to yellows, oranges and reds, the number of repossessed homes is higher.

Hotpadsforeclosuremap_3  

Are you surprised?

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