Top 10 Metro Areas For Foreclosures – 1st Quarter, 2008

The top 10 metro areas in the United States for foreclosures include the usual suspects led by 6 California markets, Las Vegas, Detroit, Phoenix, and Fort Lauderdale. There were 2 real surprises for me in the RealtyTrac report, first that Detroit has dropped down to number 6 after being the leader in foreclosures for so long. And the other one was San Diego moving up to the 9th position. San Diego has gone through a boom and a bust, there is no doubt of that, but overall with it’s amazing climate and location I thought it would be a bit more resistant to the travails of the marketplace.

Top 10 Metro Areas For Foreclosures – 1st Quarter, 2008

  1. Stockton, California
  2. Riverside, San Bernardino, California
  3. Las Vegas, Paradise, Nevada
  4. Bakersfield, California
  5. Sacramento, California
  6. Detroit, Livonia, Dearborn, Michigan
  7. Phoenix, Mesa, Arizona
  8. Fort Lauderdale, Florida
  9. San Diego, California
  10. Oakland, California

 

Related posts:
  1. Top 10 Worst Foreclosure Cities For 2008
  2. U.S. Foreclosure Index: U.S. Foreclosures About 1 Million in 2008; Fourth Quarter Shows Decline Over Third-Quarter Peak – Yahoo! Finance
  3. Case Shiller Down 18 Percent For October 2008
  4. Top 10 Most Dangerous Cities in America For 2008
  5. Top 10 Worst States For Foreclosures in November, 2008

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  1. [...] and is showing a significant weakness in tax revenue collection. What are the mayors of Stockton and San Diego thinking as they try to keep all the bloated city services [...]

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