I found this at www.paul.kedrosky.com and Paul got it from businessweek.com. It’s a map of the concentration of option arms by state. The thing that struck me about it is that if you look at the areas feeling the most pain in the real estate world, they are either in the categories of higher concentration of option arms or they are places like Michigan and Ohio who are undergoing structural recessions. I hope you enjoy it…..
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