Don't have any foreclosure notices thankfully, but plenty of for sale signs.
Let me ask this question, I may be way off base, so don't flame me too bad, but from what I've been reading this is gonna affect those people who chose ARMS basically.
Okay I bought my house approx 4 years ago and I got a 5.x% interest rate, which I think is pretty darned good. At the time I remember thinking ARMS are stupid at this rate because the rate really has no place to go but up and hey if it goes down MAYBE another 1%...my bad.
So why in God's name would I choose an ARM. Seems people gambled and lost. I don't want to sound like a prick, but you should'nt have chosen an arm and also at that point it was almost criminal to offer the stupid things. This is just my opinion, if I am wrong please let me know why, I'm willing to be educated.