Note: The red dots shows homes currently in foreclosure.
Gus Lubin of Business Insider's Money Game takes us on an unusual tour of sort: using Google Maps, he has created the Satellite Tour of America's Foreclosure Wasteland. I was surprised to learn that 1 out of every 9 homes in Las Vegas are in foreclosure!
Link - Thanks Adam!
This was fascinating yet oh so frightening. You hear about the foreclosure problem all the time in the news, but seeing it graphed out like this REALLY gave such a clear picture.
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Oh wow...I was quite surprised to see my hometown second on the list! And I noticed most of the red dots were NOT in the ritzy, expensive areas either! :-o
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