Wednesday, July 13, 2011

USA Foreclosures: Satellite view of 20 cities




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Mortgage Foreclosures in the USA
                                          
Top 20 Cities

Thomas Jefferson said:

"I predict future happiness for Americans if they can prevent
the government from wasting the labors of the people
under the pretense of taking care of them."
[1]

 

20) Boise , Idaho -- 1 in 21 homes in foreclosure

All Images Courtesy of Google Maps
Note: The red dots shows homes currently in foreclosure; the slide title describes the fraction of homes that received foreclosure filings in 2010

19) Sarasota , Fla. -- 1 in 21 homes in foreclosure
Foreclosure filings in 2010.
18) Lakeland , Fla. -- 1 in 21 homes in foreclosure
Foreclosure filings in 2010.
17) Tampa , Fla. -- 1 in 20 homes in foreclosure
Foreclosure filings in 2010.
16) Port St. Lucie , Fla. -- 1 in 19 homes in foreclosure
Foreclosure filings in 2010.
15) Sacramento , Calif. -- 1 in 19 homes in foreclosure
Foreclosure filings in 2010.
14) Naples , Fla. -- 1 in 18 homes in foreclosure
Foreclosure filings in 2010.
13) Deltona , Fla. -- 1 in 17 homes in foreclosure
Foreclosure filings in 2010.
12) Bakersfield , Calif. -- 1 in 17 homes in foreclosure
Foreclosure filings in 2010.
11) Reno , Nev. -- 1 in 16 homes in foreclosure
Foreclosure filings in 2010.
10) Vallejo , Calif. -- 1 in 16 homes in foreclosure
Foreclosure filings in 2010.
9) Orlando -- 1 in 15 homes in foreclosure
Foreclosure filings in 2010.
8) Merced , Calif. -- 1 in 14 homes in foreclosure
Foreclosure filings in 2010.
7) Stockton , Calif. -- 1 in 14 homes in foreclosure
Foreclosure filings in 2010.
6) Riverside , Calif. -- 1 of 14 homes in foreclosure
Foreclosure filings in 2010.
5) Miami -- 1 in 14 homes in foreclosure
Foreclosure filings in 2010.
4) Phoenix -- 1 in 14 homes in foreclosure
Foreclosure filings in 2010.
3) Modesto , Calif. -- 1 in 14 homes in foreclosure

Foreclosure filings in 2010.
2) Cape Coral , Fla. -- 1 in 12 homes in foreclosure
Foreclosure filings in 2010.
1) Las Vegas -- 1 in 9 homes in foreclosure

Foreclosure filings in 2010.

 

Nationwide USA Average Foreclosures = 1 in 46
      Unfortunately, prices are still dropping

 

Filings in 2010

[1] http://jpetrie.myweb.uga.edu/TJ.html

 

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