The measure comes as new figures continue to underscore the severity of the housing crisis. The research firm RealtyTrac reports foreclosures in military towns are almost four times the national average. Foreclosures in ten towns and cities within ten miles of military bases in the US have risen by an average 217 percent, up from a national average of 59 percent.
Military Town Foreclosures 4 Times the US Average
HeadlineJul 24, 2008