Worst Cities for troubled homeowners


	Worst Cities for troubled homeowners

danny-esque

4-28-2008 9:14 PM

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us mortgage, real-estate, home equity loan

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/a44a5b70-a5a0-498c-9ce1-0b1e61c0cebb/E708624B-936C-4189-BBD9-3886012AC11E/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://promo.realestate.yahoo.com/worst-cities-for-homeowner-debt.html" href="http://promo.realestate.yahoo.com/worst-cities-for-homeowner-debt.html" style="font-size: 11px;">promo.realestate.yahoo.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://promo.realestate.yahoo.com/worst-cities-for-homeowner-debt.html"><P>It's no secret that homeowners with subprime mortgages have taken a beating.</p> <P>Next up: those who have combined their mortgages with home equity loans, second loans or both.</p> <P>These combinations spell especially bad news for homeowners in <A href="http://realestate.yahoo.com/California/Sacramento/Homes_for_sale/result.html;_ylt=AhPahsH3EIkuFevJ5UdT7KbxkdEF;_ylu=X3oDMTA5aTZoZm40BHNlYwNwcm9tbw--">Sacramento, Calif.</A>, <A href="http://realestate.yahoo.com/California/San_Diego/Homes_for_sale/result.html;_ylt=AovIfwVBVfAiUpIwV4kuD_vxkdEF;_ylu=X3oDMTA5aTZoZm40BHNlYwNwcm9tbw--">San Diego</A>, <A href="http://realestate.yahoo.com/District_of_Columbia/Washington/Homes_for_sale/result.html;_ylt=AptAzlNZyT9et6tcTf578XTxkdEF;_ylu=X3oDMTA5aTZoZm40BHNlYwNwcm9tbw--">Washington, D.C.</A>, and <A href="http://realestate.yahoo.com/Colorado/Colorado_Springs/Homes_for_sale/result.html;_ylt=AgzW11S1a1rGtVnuwcbc1T_xkdEF;_ylu=X3oDMTA5aTZoZm40BHNlYwNwcm9tbw--">Colorado 
Springs, Colo.</A>, markets with some of the nation's highest concentrations of homeowner debt. In these spots, prices are dropping, 
making it very difficult for homeowners to refinance as lenders are reluctant to take on risk.</P><A href="http://realestate.yahoo.com/Colorado/Denver/Homes_for_sale/result.html;_ylt=ApG1QwwrBIdIyPUMhAc8Zl_xkdEF;_ylu=X3oDMTA5aTZoZm40BHNlYwNwcm9tbw--">
Denver</A>, <A href="http://realestate.yahoo.com/Minnesota/Minneapolis/Homes_for_sale/result.html;_ylt=AhbhAh8D3d9mp6gNzuWgbpvxkdEF;_ylu=X3oDMTA5aTZoZm40BHNlYwNwcm9tbw--">Minneapolis</A>, <A href="http://realestate.yahoo.com/California/Los_Angeles/Homes_for_sale/result.html;_ylt=AkVqpoEpWkDaC9Ggfv2jbjnxkdEF;_ylu=X3oDMTA5aTZoZm40BHNlYwNwcm9tbw--">Los Angeles</A>, <A href="http://realestate.yahoo.com/Idaho/Boise/Homes_for_sale/result.html;_ylt=AuLuKmdCjpGtidMfU.kIcKbxkdEF;_ylu=X3oDMTA5aTZoZm40BHNlYwNwcm9tbw--">Boise, Idaho</A>, <A href="http://realestate.yahoo.com/Nevada/Las_Vegas/Homes_for_sale/result.html;_ylt=Asvy9..Y49yVSr0TDllo2NfxkdEF;_ylu=X3oDMTA5aTZoZm40BHNlYwNwcm9tbw--">Las Vegas</A>, and <A href="http://realestate.yahoo.com/Wisconsin/Madison/Homes_for_sale/result.html;_ylt=AsBQAIYme4tKsghsztfIdCHxkdEF;_ylu=X3oDMTA5aTZoZm40BHNlYwNwcm9tbw--">Madison, Wis.</A> round out the top 10.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://promo.realestate.yahoo.com/worst-cities-for-homeowner-debt.html"><P>"In these communities it's going to be much harder to keep people from losing their house to foreclosure," says John Vogel, an 
Adjunct Professor of Business Administration at Dartmouth's Tuck School of Business.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/E708624B-936C-4189-BBD9-3886012AC11E/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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