Will the rate of Foreclosures ever drop?
Of course the foreclosure rate will eventually slow down. It has too. But for now the rate of foreclosures in Kentucky were up 12% in the 3rd quarter of this year over the same time period in 2008. This according to a recent report published by RealtyTrac Inc.
Just north of Kentucky in INdiana the foreclosure rate was actually down 15% over the previous tears quarter according to RealtyTrac Inc. Indiana still has the 20th highest rate of foreclosure in the nation.
Do we need help from the government to stabalize this crisis?
