The Federal Reserve recently launched a website, customizable down to zip code that displays the prevalence of 12 different types of mortgage situations for either Alt A or subprime mortgages. Although per zip code is probably too expansive an area for determining how stable a neighborhood is or how many bank owned properties you can expect, it is interesting data especially for investors.
http://www.newyorkfed.org/mortgagemaps/
Wednesday, October 8, 2008
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