Some Americans are still seeing red over the housing collapse

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Some Americans are still seeing red over the housing collapse

Some Americans are still seeing red over the housing collapse

Bloomberg-

The nation’s housing markets may be finally getting over the foreclosure crisis, but for many Americans the anger hasn’t subsided.

Take a look at this recent home sale in Florida. It may be the perfect encapsulation of the fury felt by some of the more than 5 million Americans served with a foreclosure notice after the housing bubble burst.

This five-bed, four-bath Florida home in the Lake Cypress Cove suburb of Orlando was valued at $2.7 million back in 2006. We all know what happened next—the collapse in U.S. home prices sent millions of Americans into foreclosure and sparked a Great Recession.

[BLOOMBERG]

image: Zillow

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