What do the Federal Reserve and real-estate Web site HotPads have in common? Both have ginned up online maps in recent weeks to track the mortgage maps. The Fed’s map, released last week, illustrates subprime loan conditions across the U.S. Hotpads.com offers similar heat maps, and uses them to showcase listings of foreclosed homes.
he site uses foreclosure data from RealtyTrac.com to give a virtual picture of foreclosure rates across the U.S. by county and state. The map is color-coded — light blue represents the lowest rate of foreclosure per capita (1 in 160,000); deep red, the highest (1 in 150). |
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