Top 10 Metro Areas For Foreclosures – 1st Quarter, 2008
April 29th, 2008 • Related • Filed Under
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
- Stockton, California
- Riverside, San Bernardino, California
- Las Vegas, Paradise, Nevada
- Bakersfield, California
- Sacramento, California
- Detroit, Livonia, Dearborn, Michigan
- Phoenix, Mesa, Arizona
- Fort Lauderdale, Florida
- San Diego, California
- Oakland, California
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Very funny comparison. However you don't need to pay property tax on Barbies 3 Story Dream House. With the unemployment ...
My wife has actually decided to study for and get her real eatate licence just so we dont ever have ...
I like your analogy in this article. The real estate economy really is like a patient who you cannot ...
Real Estate is hyper-local. Every market is different. Phoenix has already hit bottom and is starting to recover. We have ...
Great to hear that the big boys
are predicting recovery sooner than
most think.
Thanks for the value! 
I agree--good analogy. You have to crawl before you can walk. Right now, at least in Austin, many people would ...
I live in the Philippines and I am glad we are not on the lists... 
I have a few Litograghs of Presidents homes , made by Richard V. Sebring. yr. 1990 Do they have any ...
Pingback by New York City Real Estate Tax Revenue Down — The Real Estate Bloggers on 30 April 2008:
[...] 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 [...]