Top 10 Markets For Foreclosure - 2nd Quarter 2006
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
RealtyTrac released the 2nd quarter results for the Top 10 Forclosure Markets in the country. Interesting that the lower end markets with high growth have the highest rate of foreclosure. It looks like builders and mortgage brokers have made bets on future prosperity of these cities. Atlanta with its modest year over year growth has seen tremendous building by lower end builders trying to get the traditional renters into their own homes.
Top 10 Markets With Highest Foreclosure Rates
- Indianapolis 0.987 (% of households in foreclosure)
- Atlanta 0.904
- Dallas 0.891
- Denver 0.784
- Austin, Texas 0.706
- Houston 0.691
- Memphis, Tenn.0.682
- Stockton, Calif. 0.649
- Salt Lake City 0.607
- San Antonio 0.601

