Good night sweet Allendale..the saga continues

Check the update to the "Straight outta Conklin" post. Things are indeed getting much worse in Ottawa county. August set a recent record for Ottawa county with 102 foreclosures.

Also today via Calculated Risk, a graphic from the IMF indicating the reset dates for the various mortgage products out there.

A quick search revealed that relatively well-off Oakland county saw foreclosures up 120% (month to month) from a year ago. I think I would rather see a year to year comparison.