Cities with the most homes in foreclosure

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  • Barefootsies
    Choice is an Illusion
    • Feb 2005
    • 42635
    #1

    Cities with the most homes in foreclosure

    Miami and Vegas I knew about. Kind of surprised on some of the others. I thought for sure L.A. would be on there. However, the did not crack the top five apparently.

    1. Riverside-San Bernardino-Ontario, Calif.
    2. Las Vegas-Paradise, Nev.
    3. Miami-Ft. Lauderdale-Pompano Beach, Fla.
    4. Sacramento-Arden-Arcade-Roseville, Calif.
    5. Atlanta-Sandy Springs-Marietta, Ga.
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    • shake
      frc
      • Jul 2003
      • 4663
      #2
      Probably good places to invest, maybe a few more years before bottom his hit though.
      Crazy fast VPS for $10 a month. Try with $20 free credit

        Comment

        • NaughtyRob
          Two fresh affiliate progs
          • Nov 2004
          • 29602
          #3
          I just moved from
          1. Riverside-San Bernardino-Ontario, Calif.
          to
          2. Las Vegas-Paradise, Nev.

          haha
          [email protected]
          Skype: 17026955414
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            • lazycash
              Troll Patrol
              • Aug 2002
              • 15214
              #4
              Originally posted by shake
              Probably good places to invest, maybe a few more years before bottom his hit though.
              Nah, bottom is now if you're thinking of investing.
              "WTF, on google you can find the answer to every question in human history, EXCEPT how to convert cams..

              Its crazy..."

              VenusBlogger

                Comment

                • baddog
                  So Fucking Banned
                  • Apr 2001
                  • 107089
                  #5
                  Originally posted by lazycash
                  Nah, bottom is now if you're thinking of investing.
                  Why do you think that? I want to believe, but . . . .

                    Comment

                    • baddog
                      So Fucking Banned
                      • Apr 2001
                      • 107089
                      #6
                      Well, Rochard told us over a year ago that Roseville was in the tank. As far as the Inland Empire, they did a lot of new construction and sold to people that could not really afford it. That one was pretty predictable.

                        Comment

                        • epitome
                          So Fucking Lame
                          • Jun 2009
                          • 12156
                          #7
                          Originally posted by lazycash
                          Nah, bottom is now if you're thinking of investing.
                          Two words: shadow inventory

                            Comment

                            • jimmycooper
                              Confirmed User
                              • May 2010
                              • 4016
                              #8
                              Just because something is cheap doesn't mean it's a good deal. Instead of assuming that now is the time to buy property in the Sacramento-Arden-Arcade-Roseville, ask yourself whether or not you feel that the area will be more desirable to more people in 5+ years.

                              NYC, at least Manhattan, always has a low foreclosure rate b/c coops make up a high percentage of the inventory and the approval process for even many of the condo boards is more difficult than the approval process to get a loan.

                                Comment

                                • DaLord
                                  Confirmed User
                                  • Aug 2001
                                  • 3318
                                  #9
                                  Some of my friends here in Denmark bought houses in Miami. Very very cheap and excellent houses.

                                    Comment

                                    • Rochard
                                      Jägermeister Test Pilot
                                      • Dec 2001
                                      • 75733
                                      #10
                                      Roseville California is the next town over. I didn't know it was that bad there.

                                      We had a huge problem here. Exactly half of the houses on my street were empty. Now only one is empty, and it's for rent.
                                      Herschel Savage
                                      Brooklyn, NY

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