Grim Housing Statistics in Knox County during 2009

So just how bad is the housing situation in Knox County these days?

The number of foreclosures for 2009 is up 50 percent over 2007, the last year of “normal” or pre-recession housing activity. It capped a trend. Foreclosures for 2008 had jumped by one-third over the 2007 total, which was about 1,000. The number jumped to more than 1,300 in 2008 and the total number of foreclosures for 2009 was close to 1,500.

© 2010 MetroPulse. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Comments » 0

Be the first to post a comment!

Share your thoughts

Comments are the sole responsibility of the person posting them. You agree not to post comments that are off topic, defamatory, obscene, abusive, threatening or an invasion of privacy. Violators may be banned. Click here for our full user agreement.

Comments can be shared on Facebook and Yahoo!. Add both options by connecting your profiles.