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    Just when you thought that foreclosures happened only to the poor and middle class, the rich are getting sucked into the foreclosure wave, too! According to a Reuters News online article posted on the National Association of Realtors’s website, foreclosure is plaguing home owners in some of the wealthiest counties in the nation!

    ”Homes sold on the auction block this month for as much as $852,000, more than four times the median home price in the United States, and auction officials believe that even higher-priced foreclosures are

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    ked into the foreclosure wave, too! According to a Reuters News online article posted on the National Association of Realtors’s website, foreclosure is plaguing home owners in some of the wealthiest counties in the nation!

    ”Homes sold on the auction block this month for as much as $852,000, more than four times the median home price in the United States, and auction officials believe that even higher-priced foreclosures are

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    iation of Realtors’s website, foreclosure is plaguing home owners in some of the wealthiest counties in the nation!

    ”Homes sold on the auction block this month for as much as $852,000, more than four times the median home price in the United States, and auction officials believe that even higher-priced foreclosures are

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    ”Homes sold on the auction block this month for as much as $852,000, more than four times the median home price in the United States, and auction officials believe that even higher-priced foreclosures are

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    dian home price in the United States, and auction officials believe that even higher-priced foreclosures are lining up in the pipeline.” What definitely has contributed to this phenomenon are the easy lending practices that were being touted by lenders in the past few years and the exceedingly low “teaser” interest rates on many adjustable rate mortgages. With very little down payments required, even the affluent couldn’t resist.

    "Because of the financing that was possible, so many people bought the bigger house, the million-dollar

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