Map of U.S. Foreclosure Activity

by: Matthew Rafat

Below is a map of American foreclosure activity in July 2008. Click to enlarge:

[ForeclosureActivityJuly08.jpg]Click to enlarge

One issue with this data is defining "foreclosure activity" in a meaningful way. Many homeowners can file for bankruptcy, thereby preventing actual foreclosure. Therefore, a particular homeowner does not necessarily lose his or her home merely by having "foreclosure activity," such as a notice of default [NOD].