Quote Originally Posted by Reaper
Just to clear things up on the Real Estate end(considering I'm in Real Estate)

The RESIDENTIAL market is low in area's but is making a turn around.The Commercial and Agricultural market on the other hand is just fine. Its not going to affect the entire country. And the Godfather is right, NY and other major area's seem to be okay, right now its just the southeast and parts of the mid-west.

and Mr.Kidd is also Correct when It comes to the comment on Clinton. Reagan turned this country around in the 80's. Because the Country was in all kinds of debt and the dollar was very weak after the 70's.
NY is ranked 9th in foreclosures in the country.. California being #2 and if I remember correctly Florida is #1.. Texas in the top ten as well, i think those are the major markets.