So, the foreclosure rate, at least in Utah, has improved during the Obama
administration, correct? Does that say anything about the economic doom forecast
on these posts each day? Maybe there's a time limit on those predictions -
probably the threat ends the day a Republican takes the oath of office as
This is to be expected. Utah didn't experience the housing bubble like the
rest of the country, especially as deeply... Utah tends to trend about five
years behind the rest of the country when it comes to economic trends, which is
why during the huge peaks in jobloss Utah was hiring. I suspect that while there
will be financial adjustments, the rate of foreclosures will not come close to
what they were in other states that were hit so much harder five years ago...
@raybies"Utah didn't experience the housing bubble like the rest
of the country,"I thought it did since areas of rapid growth
like Arizona and Nevada were hit hard and Utah's the fastest growing state
based on population. I don't think it was as bad in Utah as it was in
states like the two I mention, but I think there was still some damage there.
@Mark BThe only thing these numbers tell us is that Utah is a superbly run
state, which has nothing to do with Obama. Check the stats from the states run
by Democrats, then get back to me about how great Obama is.
So STATE government in Utah has kept the foreclosure rate lower? How does that
work? BTW, POTUS doesn't "run" any state directly, so Dad's
sarcastic suggestion about Obama doesn't really apply.