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Top 10 US Foreclosure Markets
Foreclosure continues to be a serious concern for many U.S. home owners. Indeed, according to a recent survey from Yahoo Real Estate and Harris Interactive, 22 percent of home owners are at least somewhat concerned about the possibility of foreclosure due to their inability to meet monthly mortgage payments.
Americans remain bullish on real estate. In fact, 37 percent of all U.S. adults would be at least somewhat interested in buying a house in foreclosure.
Here is a list of the 10 metro area markets where mortgage delinquency rates increased the most between the fourth quarter of 2005 and the first quarter of 2007, according to Equifax and Moody's Economy.com. The following list also includes the percentage increase in foreclosures for each area during that time period.
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
Source: Dow Jones Businesss News, Ruth Mantell (04/07)
Hipotecas Prestamos April 24, 2007 08:52 PM