Pending Home Sales Hit Record Low in Feb

Pending Home Sales Hit Record Low in Feb 08

An industry group said Tuesday that pending U.S. home sales fell in February to the lowest
reading since the index began, signaling the housing market distress is not
yet over. The National Association of Realtors' seasonally
adjusted index of pending sales for existing homes fell to 84.6 from January's
upwardly revised reading of 86.2. The index stood at 107.6 in February 2007.....more

Foreclosures Shown on Heat Map

Foreclosures shown on heat map from TechCrunch
"If you want to see in stark colors exactly how the mortgage credit crisis is spreading across the country, go to real estate search site HotPads and look at the foreclosure heat maps in your area. These are map mashups that take foreclosure data from RealtyTrac and overlay them on a color-coded map. Red indicates a high rate of property foreclosures per capita, and blue indicates a low level. Since foreclosures are now hitting record rates, there is a lot of red on these maps...." TechCrunch