Finally, The Washington Post supplies a story on foreclosures on page A01. It's by Kirstin Downey, of course.
The trickle down effect for the neighbors . . .
And the trickle down economy thing . . .
Here's a new one. It seems that "everyone wants to live here" might not be ringing true:
"Now many immigrants who bought homes in Herndon are walking away from the properties, said Miguel Martinez, a real estate agent with Prosperity Realty. He said the good-paying jobs they had in residential construction have disappeared, and they can't make the payments any more. Many undocumented workers also fear anti-immigrant sentiments in Herndon, Martinez said, and worry that they or their relatives could be deported if arrested for other infractions.
'Now everybody wants to leave Herndon,' Martinez said."