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Real estate bust and foreclosure boom comes home to a neighborhood built on easy credit

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Real estate bust and foreclosure boom comes home to a neighborhood built on easy credit

http://www.signonsandiego.com/news/nation/20071006-0916-leavinghomes.html

QUEEN CREEK, Ariz. – Out on Phoenix's suburban fringes, where cement mixers are fast colonizing what's left of the hay and cotton fields, the day is winding to a close. The home hour has arrived.

Article a little too close to home. A 20% drop would be 80K+ for me. It seems my neighborhood is stable- very few homes on the market or in Foreclosure.
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