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Bay Area hit hard by mortgage foreclosures

While the whole country has been hit hard by the subprime mortgage crisis, with sky-high housing costs the Valley and surrounding area have also felt the pain. How bad is it? HotPad's interactive heatmap of local foreclosures show eastern counties with more than one in 150 foreclosures. Surprisingly enough, there are few in San Francisco, but that probably has to do with most of the population renting — with rents going up, how about an eviction heat map? (Via Good Morning Silicon Valley)

7:00 PM on Tue Apr 8 2008
By Jackson West
1,785 views