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Tuesday, November 6, 2012

20 US Cities That Are Getting Crushed By Foreclosures

Foreclosure activity was down 4.8 percent in the third quarter from the previous quarter, according to RealtyTrac.

And foreclosure activity was down nearly 13 percent from a year ago.

But among the largest metro areas, New York, Tampa, Chicago and Seattle saw big increases in foreclosure activity.

We drew on RealtyTrac's latest report to highlight the 20 metros with the highest foreclosure activity. We also highlighted the change in foreclosure activity from the previous quarter and on a year-ago basis.

Ocala, Florida
1 in every 122 homes received a foreclosure filing in Q3 2012

Properties with foreclosure filings:
1,341

Change from Q2 2012:
+15.60 percent

Change from Q3 2011:
-6.81 percent

Lakeland, Florida
1 in every 116 homes received a foreclosure filing in Q3 2012

Properties with foreclosure filings:
2,426

Change from Q2 2012:
-2.65 percent

Change from Q3 2011:
+48.65 percent

Fresno, California

1 in every 114 homes received a foreclosure filing in Q3 2012

Properties with foreclosure filings:
2,759

Change from Q2 2012:
-13.67 percent

Change from Q3 2011:
-37.55 percent

Oxnard-Thousand Oaks-Ventura, California

1 in every 114 homes received a foreclosure filing in Q3 2012

Properties with foreclosure filings:
2,465

Change from Q2 2012:
+4.85 percent

Change from Q3 2011:
-21.22 percent


Phoenix-Mesa-Glendale, Arizona
1 in every 113 homes received a foreclosure filing in Q3 2012

Properties with foreclosure filings:
15,867

Change from Q2 2012:
-18.73 percent

Change from Q3 2011:
-27.30 percent

Atlanta-Sandy Springs-Marietta, Georgia
Orlando-Kissimmee-Sanford, Florida

Tampa-St. Petersburg-Clearwater, Florida

Palm Bay-Melbourne-Titusville, Florida

Jacksonville, Florida

Miami-Fort Lauderdale-Pompano Beach, Florida

Chicago-Naperville-Joliet, Illinois

Rockford, Illinois

Sacramento-Arden-Arcade-Roseville, California

Bakersfield, California

Merced, California

Modesto, California

Vallejo-Fairfield, California

Riverside-San Bernardino-Ontario, California

Stockton, California

Read more: http://www.businessinsider.com/20-cities-with-high-foreclosure-rates-2012-11?op=1#ixzz2BSo4QR7G






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