Tuesday, May 7, 2013

Cities with the most homes in Foreclosure


These are the 10 cities with the most homes in foreclosure:

10. Orlando-Kissimmee, Fla.
Foreclosurerate: One in 347 homes
Number of homes: 942,312 (24th most)
Foreclosures (April 2012): 2,717 (16th most)
Home price decline from peak: 54.2 percent (sixth largest decline)

9. Chicago-Naperville-Joliet, Ill.-Ind.-Wis.
Foreclosure rate: One in 321 homes
Number of homes: 3,797,247 (third most)
Foreclosures: (April 2012): 11,840 (the most)
Home price decline from peak: 36.8 percent (12th largest decline)

8. Tampa-St. Petersburg-Clearwater, Fla.
Foreclosure rate: One in 315 homes
Number of homes: 1,353,158 (17th most)
Foreclosures: (April 2012): 4,295 (eighth most)
Home price decline from peak: 48 percent (eighth largest decline)

7. Phoenix-Mesa-Scottsdale, Ariz.
Foreclosure rate: One in 313 homes
Number of homes: 1,798,501 (12th most)
Foreclosures: (April 2012): 5,755 (sixth most)
Home price decline from peak: 56 percent (third largest decline)

6. Salt Lake City, Utah
Foreclosure rate: One in 309 homes
Number of homes: 410,031 (first least)
Foreclosures (April, 2012): 1,326 (23rd least)
Home price decline from peak: 19.3 percent (25th largest decline)

5. Atlanta-Sandy Springs-Marietta, Ga.
Foreclosure rate: One in 298 homes
Number of homes: 2,165,495 (ninth most)
Foreclosures: (April 2012): 7,271 (fourth most)
Home price decline from peak: 35 percent (14th largest decline)

4. Sacramento-Arden-Arcade-Roseville, Calif.
Foreclosure rate: One in 277 homes
Number of homes: 871,793 (23rd fewest)
Foreclosures: (April 2012): 3,147 (12th most)
Home price decline from peak: 54.7 percent (fifth largest decline)

Foreclosure rate: One in 273 homes
Number of homes: 2,464,417 (fifth most)
Foreclosures: (April 2012): 9,031 (3rd most)
Home price decline from peak: 54.2 percent (seventh largest decline)

The Miami metro region topped all  Florida regions in the number of newforeclosures. It also ranks third in new foreclosure rates among the 50 largest metros with 9,031 foreclosures in April, 2012 — a rate of one in 273. While foreclosures in the area decreased between March 2012, and April 2012, to the tune of 9.2 percent, the future appears gloomy. Prices in this region are forecast to fall another 3.8 percent between the fourth quarters of 2012 and 2013.

2. Las Vegas-Paradise, Nev.
Foreclosure rate: One in 249 homes
Number of homes: 840,343 (22nd fewest)
Foreclosures: (April, 2012): 3,378 (10th most)
Home price decline from peak: 61.8 percent (the largest decline)

1. Riverside-San Bernardino-Ontario, Calif.
Foreclosure rate: One in 213 homes
Number of homes: 1,500,344 (14th most)
Foreclosures: (April, 2012): 7,049 (fifth most)
Home price decline from peak: 56.6 percent (second largest decline)

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