October 28, 2006

Top 10 Foreclosure Markets

According to CNN Money, the following cities are experiencing the highest number of foreclosures (Foreclosure data gathered from RealtyTrac)…

  • Greeley, CO
  • Detroit, MI
  • Miami, FL
  • Indianapolis, IN
  • Ft Lauderdale, FL
  • Denver, CO
  • Dayton, OH
  • Dallas, TX
  • Fort Worth, TX
  • Atlanta, GA

Problems within the auto industry (i.e. employee layoffs) may have contributed to higher-than-average foreclosure rates in Detroit and Indianapolis. Interestingly, Dallas and Fort Worth are some of the fastest growing (and hottest) real estate markets in the nation. Atlanta is also growing rapidly and experiencing higher-than-average appreciation.

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