Top 10 Foreclosure Markets For First Quarter, 2007

The top 10 markets where a foreclosure most likely to occur are mostly in California, garnering 5 of the 10 markets in the first quarter of 2007.

The other interesting thing that I noticed is that the 2 largest gambling cities Las Vegas and Atlantic City come in 8th and 9th on the list of foreclosures.

  1. Modesto, Calif.: 3.9 percent
  2. Stockton, Calif.: 3 percent
  3. Merced, Calif.: 2.8 percent
  4. Port St. Lucie-Fort Pierce, Fla.: 2.7 percent
  5. Miami-Miami Beach-Kendall, Fla. Metropolitan Division: 2.5 percent
  6. Riverside-San Bernardino-Ontario, Calif.: 2.5 percent
  7. Vallejo-Fairfield, Calif.: 2.4 percent
  8. Las Vegas-Paradise, Nev.: 2.3 percent
  9. Atlantic City, N.J.: 2.2 percent
  10. Cape Coral-Fort Myers, Fla.: 2.2 percent

via the Wall Street Journal

Click here to for a  Free Foreclosure search.

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There Are 2 Responses So Far. »

  1. 5 out of 10 are in California… Ouch!

    I guess that’s not bad considering Money Magazine named 23 out of 25 California Cities as the most expensive in the nation…
    http://money.cnn.com/magazines/moneymag/bplive/2006/top25s/priceyhomes.html

  2. No big surprise that CA and FL own this list. :-)

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