Friday, September 14, 2012

Foreclosures Are Taking Over These 20 Regions | AOL Real Estate


By Mamta Badkar

Foreclosure filings across the country were down 15 percent year-over-year, according to RealtyTrac's latest foreclosure report.

But foreclosures were up 1 percent from last month.

For the first time since the report was created, Illinois, a judicial state, took over as the state with the highest foreclosure activity.

But some of the cities with the worst foreclosure rates continued to be in California.
We drew on RealtyTrac's report to highlight the 20 metropolitan areas with the highest foreclosure rates.

Note: All data is for the 20 largest metros. Data for properties with foreclosure filings is for August 2012.

  • Oxnard-Thousand Oaks-Ventura, Calif.
  • Atlanta-Sandy Springs-Marietta, Ga.
  • Phoenix-Mesa-Scottsdale, Ariz.
  • Tampa-St. Petersburg-Clearwater, Fla.
  • Jacksonville, Fla.
  • Palm Bay-Melbourne-Titusville, Fla.
  • Cape Coral-Fort Myers, Fla.
  • Orlando-Kissimmee, Fla.
  • Vallejo-Fairfield, Calif.
  • Sacramento-Arden-Arcade-Roseville, Calif.
  • Miami-Fort Lauderdale-Pompano Beach, Fla.
  • Rockford, Ill.
  • Chicago-Naperville-Joliet, Ill.
  • Chico, Calif.
  • Riverside-San Bernardino-Ontario, Calif.
  • Stockton, Calif.
  • Fresno, Calif.
  • Bakersfield, Calif.
  • Merced, Calif.
  • Modesto, Calif.

See more on Business Insider:
Genius PhD Student Paid His Tuition With Mail-In Rebates
There's a New Worst State for Foreclosures
Higher Home Prices Have Pulled 1.3 Million Homeowners Out of Negative Equity This Year

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Source: http://realestate.aol.com/blog/2012/09/13/foreclosures-are-taking-over-these-20-cities/

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