Wednesday, October 10, 2007
Want To See Where The Delinquencies Are?
I must say that the Wall Street Journal has done a great job in allowing us spectators (and participants, whatever the case may be) to visually see the progression of the subprime delinquencies around the country. The interactive map allows you to scroll over a county and see the delinquency rate for that quarter. The map will go back in time to Q1 2005 until Q2 2007.
One interesting note is the "light" shaded areas on the West Coast (delinquencies from 0% - 1%) in 2005 will then turn more shaded thru 2007, while the Central Valley turns to a bright shade of crimson (I'll let you figure out what that one means - affectionately coined as "blood alley") during the same time period.
The map really shows the extent of the problem as it permeates across the nation.