Over half of the metro areas in U.S. see ... - Real Estate Industry News

By Dennis Norman, on July 26th, 2012

This morning RealtyTrac^? released its Midyear 2012 Metropolitan Foreclosure Market Report, showing that, for the first half of 2012, foreclosure activity increased from the prior 6-month period in 125 of the 212 metro areas in the U.S. that have a population of 200,000 or more. On a positive note, the foreclosure activity for the first half of 2012 was less than that in the first half of 201 for 129 metro areas.

Highlights from the report:

• California accounted for seven of the 10 highest metro foreclosure rates and 10 of the top 20 metro foreclosure rates during the first half of the year.
• Florida accounted for four of the top 20 metro foreclosure rates, and Illinois accounted for two of the top 20. Georgia, Arizona, Nevada and Colorado each had one city in the top 20.
• Stockton, Calif., posted the nation?s highest metro foreclosure rate, 2.66 percent of housing units (one in every 38) with a foreclosure filing in the first half of 2012 ? more than three times the national average. There were a total of 6,218 Stockton properties with a foreclosure filing during the six-month period, a decrease of 13 percent from the previous six months and a decrease of 16 percent from the first half of 2011.
• Four other California cities ranked in the top 5 metro foreclosure rates despite decreasing foreclosure activity: Modesto at No. 2 (2.61 percent of housing units with a foreclosure filing), Riverside-San Bernardino-Ontario at No. 3 (2.59 percent), Vallejo-Fairfield at No. 4 (2.56 percent), and Merced at No. 5 (2.15 percent).
• Atlanta was the only metro area with a top 10 foreclosure rate to register increasing foreclosure activity in the first half of 2012. A total of 46,267 Atlanta area properties had a foreclosure filing during the six-month period, 2.14 percent of all housing units (one in every 47) ? the nation?s sixth highest metro foreclosure rate. Atlanta area foreclosure activity increased 3 percent from the previous six months and was up 5 percent from the first half of
• Half of the nation?s 20 largest metro areas in terms of population documented increasing foreclosure activity from the previous six months, led by the Tampa-St. Petersburg-Clearwater metro area in Florida with a 47 percent increase.

Best metros for foreclosure buying and investing in second half of 2012

Metro	Q2 2012 FC Starts	FC Starts %? from Q1 2012	Q1 2012 Avg FC Sales Price	Sales Price %? from Q1 2011	Q1 2012 Avg Foreclosure Discount %	REO Inventory Months? Supply
Durham, NC	185	62.28	$154,951	19.44	24.68	11.28
Springfield, MA	401	59.76	$99,293	11.63	46.46	13.92
Olympia, WA	197	58.87	$183,806	9.69	15.82	9.20
Boston, MA	1,804	52.36	$204,702	7.13	44.64	17.92
Providence, RI	327	42.79	$136,901	7.07	36.42	14.63
Worcester, MA	573	39.08	$138,911	12.76	38.44	13.61
Montgomery, AL	285	37.02	$95,092	10.78	34.76	16.98
Cleveland, OH	3,165	34.00	$69,468	9.05	37.27	15.33
San Luis Obispo, CA	365	8.31	$322,812	6.00	23.29	7.95
Phoenix, AZ	13,606	8.12	$130,763	7.25	22.48	11.10

Source: RealtyTrac

2012 Midyear U.S. Metro Foreclosure Market Data

Rate Rank	Metro Name	Properties with FC Filings	%HU	1/every X HU	%? from Jul-Dec 11	%? from Jan-Jun 11
?	U.S. Total	1,045,801	0.79	126	1.52	-10.65
1	Stockton, CA	6,218	2.66	38	-13.42	-16.22
2	Modesto, CA	4,691	2.61	38	-9.61	-19.45
3	Riverside-San Bernardino-Ontario, CA	38,895	2.59	39	-8.71	-17.17
4	Vallejo-Fairfield, CA	3,913	2.56	39	-17.69	-15.94
5	Merced, CA	1,802	2.15	46	-12.40	-22.79
6	Atlanta-Sandy Springs-Marietta, GA	46,267	2.14	47	2.70	4.77
7	Phoenix-Mesa-Scottsdale, AZ	37,418	2.08	48	-5.12	-38.64
8	Bakersfield, CA	5,884	2.07	48	-9.98	-22.91
9	Las Vegas-Paradise, NV	17,158	2.04	49	-42.73	-60.95
10	Visalia-Porterville, CA	2,881	2.03	49	-2.24	-9.94
11	Sacramento?Arden-Arcade?Roseville, CA	17,520	2.01	50	-16.61	-19.34
12	Orlando-Kissimmee, FL	17,959	1.91	52	43.82	41.29
13	Miami-Fort Lauderdale-Pompano Beach, FL	46,559	1.89	53	12.97	23.74
14	Rockford, IL	2,661	1.82	55	50.59	53.46
15	Chicago-Naperville-Joliet, IL-IN-WI	69,215	1.82	55	28.03	25.38
16	Fresno, CA	5,610	1.78	56	-14.30	-24.51
17	Cape Coral-Fort Myers, FL	6,149	1.66	60	-7.32	-29.31
18	Lakeland, FL	4,659	1.66	60	65.15	73.20
19	Oxnard-Thousand Oaks-Ventura, CA	4,558	1.62	62	-14.56	-12.21
20	Greeley, CO	1,519	1.58	63	3.40	-21.09
21	Palm Bay-Melbourne-Titusville, FL	4,250	1.57	63	134.55	101.14
22	Prescott, AZ	1,721	1.56	64	-4.12	-30.46
23	Tampa-St. Petersburg-Clearwater, FL	20,951	1.55	65	46.93	35.81
24	Jacksonville, FL	8,808	1.47	68	18.63	21.04
25	Flint, MI	2,735	1.42	70	-2.32	-16.77
26	Sarasota-Bradenton-Venice, FL	5,702	1.42	70	1.59	19.61
27	Ocala, FL	2,309	1.41	71	2.26	16.38
28	Myrtle Beach-Conway-North Myrtle Beach, SC	2,570	1.38	72	16.34	46.36
29	Salinas, CA	1,882	1.35	74	-18.46	-22.20
30	Detroit-Warren-Livonia, MI	25,108	1.33	75	-17.30	-26.79
31	Santa Barbara-Santa Maria-Goleta, CA	2,033	1.33	75	-6.23	-12.14
32	San Diego-Carlsbad-San Marcos, CA	15,327	1.32	76	-10.84	-16.84
33	Santa Rosa-Petaluma, CA	2,680	1.31	76	-18.81	-20.45
34	Los Angeles-Long Beach-Santa Ana, CA	58,801	1.31	76	-13.28	-17.58
35	Chico, CA	1,251	1.31	77	-0.56	-10.19
36	Lake Havasu City-Kingman, AZ	1,407	1.27	79	-18.90	-36.93
37	Charleston-North Charleston, SC	3,764	1.26	79	16.89	7.39
38	Macon, GA	1,250	1.23	81	3.73	18.15
39	Columbus, OH	9,461	1.19	84	15.99	13.74
40	Santa Cruz-Watsonville, CA	1,246	1.19	84	-14.19	-16.71
41	San Luis Obispo-Paso Robles, CA	1,398	1.19	84	-9.69	-25.04
42	Reno-Sparks, NV	2,226	1.19	84	-44.36	-58.88
43	Tucson, AZ	5,252	1.19	84	-9.60	-33.85
44	Indianapolis-Carmel, IN	9,014	1.19	84	42.78	33.38
45	Boise City-Nampa, ID	2,897	1.18	85	-9.64	-45.71
46	Savannah, GA	1,759	1.16	86	-5.12	-4.87
47	Lansing-East Lansing, MI	2,296	1.15	87	-1.25	-10.49
48	Salt Lake City, UT	4,704	1.15	87	-16.79	-36.58
49	Cleveland-Elyria-Mentor, OH	10,717	1.12	89	9.30	18.64
50	Milwaukee-Waukesha-West Allis, WI	7,385	1.10	91	-2.48	-2.79
51	San Francisco-Oakland-Fremont, CA	19,124	1.10	91	-20.93	-24.01
52	Canton-Massillon, OH	1,919	1.07	93	15.46	31.71
53	Toledo, OH	3,191	1.06	94	-5.81	3.98
54	Denver-Aurora, CO	11,336	1.05	95	-3.89	-17.29
55	Provo-Orem, UT	1,558	1.03	97	-24.63	-34.48
56	Charlotte-Gastonia-Concord, NC-SC	7,544	1.02	98	31.02	22.69
57	Colorado Springs, CO	2,682	1.01	99	-2.08	-10.15
58	Des Moines-West Des Moines, IA	2,369	0.99	101	-3.93	-12.84
59	Green Bay, WI	1,347	0.98	102	4.58	16.22
60	Naples-Marco Island, FL	1,911	0.97	103	5.29	3.02
61	Pensacola-Ferry Pass-Brent, FL	1,909	0.95	106	22.69	36.07
62	Greenville-Mauldin-Easley, SC	2,623	0.95	106	10.72	21.38
63	Deltona-Daytona Beach-Ormond Beach, FL	2,361	0.93	108	-4.02	-24.50
64	Port St. Lucie, FL	1,993	0.93	108	8.08	-26.21
65	Grand Rapids-Wyoming, MI	2,988	0.92	108	-13.79	-20.19
66	Albuquerque, NM	3,423	0.91	109	-11.04	10.92
67	Minneapolis-St. Paul-Bloomington, MN-WI	12,338	0.91	110	11.10	-6.35
68	San Jose-Sunnyvale-Santa Clara, CA	5,878	0.90	111	-18.02	-30.19
69	Cincinnati-Middletown, OH-KY-IN	8,181	0.89	112	6.75	14.01
70	Akron, OH	2,755	0.88	113	-8.50	-11.56
71	Saginaw-Saginaw Township North, MI	762	0.88	114	-32.15	-15.43
72	Medford, OR	787	0.87	116	-22.77	-25.33
73	Columbia, SC	2,867	0.86	116	-6.73	-7.37
74	Augusta-Richmond County, GA-SC	2,031	0.86	117	30.69	26.54
75	Spartanburg, SC	1,045	0.85	117	12.73	17.15
76	Gainesville, FL	1,023	0.85	117	20.35	35.14
77	Fort Wayne, IN	1,467	0.82	121	81.33	65.58
78	Dayton, OH	3,141	0.82	123	0.45	-14.27
79	Manchester-Nashua, NH	1,345	0.81	123	10.34	13.79
80	Kalamazoo-Portage, MI	1,172	0.80	125	-6.91	-15.87
81	Tallahassee, FL	1,294	0.79	126	129.43	34.09
82	Tulsa, OK	3,243	0.79	126	-2.20	-21.89
83	Youngstown-Warren-Boardman, OH-PA	2,038	0.78	127	33.55	4.35
84	Reading, PA	1,286	0.78	128	44.01	36.08
85	Madison, WI	1,967	0.78	129	13.77	18.71
86	St. Louis, MO-IL	9,672	0.77	129	10.08	8.27
87	Appleton, WI	715	0.77	130	10.85	4.99
88	Kansas City, MO-KS	6,798	0.77	130	18.33	-18.47
89	Columbus, GA-AL	929	0.72	138	24.03	9.68
90	Fort Collins-Loveland, CO	935	0.70	142	-7.33	-17.69
91	Louisville/Jefferson County, KY-IN	3,941	0.70	142	12.96	20.15
92	Ann Arbor, MI	1,035	0.70	143	-22.65	-24.62
93	Winston-Salem, NC	1,489	0.69	144	26.94	18.83
94	Worcester, MA	2,256	0.69	145	-9.47	17.19
95	Mobile, AL	1,221	0.69	146	1.24	-13.83
96	New Orleans-Metairie-Kenner, LA	3,678	0.68	146	-2.54	-18.23
97	Dallas-Fort Worth-Arlington, TX	17,094	0.68	146	0.01	-7.32
98	Memphis, TN-MS-AR	3,710	0.67	148	10.29	1.87
99	Portland-Vancouver-Beaverton, OR-WA	6,133	0.66	151	-18.60	-26.69
100	Greensboro-High Point, NC	2,135	0.66	151	17.70	17.96
101	Birmingham-Hoover, AL	3,289	0.66	152	2.97	-7.20
102	Salem, OR	992	0.66	152	-27.06	-32.05
103	Florence, SC	573	0.64	155	31.72	269.68
104	Virginia Beach-Norfolk-Newport News, VA-NC	4,420	0.64	155	11.03	-20.65
105	Holland-Grand Haven, MI	659	0.64	156	-27.66	-32.41
106	Houston-Sugar Land-Baytown, TX	14,563	0.63	158	-4.47	-14.82
107	Philadelphia-Camden-Wilmington, PA-NJ-DE-MD	15,256	0.63	160	29.54	31.20
108	Nashville-Davidson?Murfreesboro?Franklin, TN	4,096	0.61	163	11.52	-19.29
109	Davenport-Moline-Rock Island, IA-IL	1,000	0.60	167	13.25	-4.67
110	Springfield, IL	567	0.59	169	44.27	-13.17
111	South Bend-Mishawaka, IN-MI	825	0.59	171	30.95	-0.48
112	Chattanooga, TN-GA	1,371	0.58	171	1.63	-15.84
113	Baton Rouge, LA	1,928	0.58	171	13.88	-2.58
114	York-Hanover, PA	1,038	0.58	172	1.96	-21.54
115	Ogden-Clearfield, UT	1,083	0.58	172	-41.33	-55.80
116	San Antonio, TX	4,844	0.58	173	10.92	-1.80
117	Omaha-Council Bluffs, NE-IA	2,056	0.57	176	24.76	33.42
118	New Haven-Milford, CT	1,953	0.54	185	11.47	33.13
119	Waco, TX	512	0.54	186	54.22	-5.54
120	Wichita, KS	1,404	0.53	187	-17.89	-4.29
121	Allentown-Bethlehem-Easton, PA-NJ	1,794	0.52	191	26.34	21.96
122	Springfield, MA	1,497	0.52	193	-13.42	39.13
123	Seattle-Tacoma-Bellevue, WA	7,530	0.51	194	-24.49	-49.13
124	Barnstable Town, MA	818	0.51	196	2.63	47.12
125	Oklahoma City, OK	2,746	0.51	196	-7.07	-0.58
126	Raleigh-Cary, NC	2,331	0.50	200	4.06	1.08
127	Austin-Round Rock, TX	3,529	0.50	200	-1.84	-28.71
128	Montgomery, AL	774	0.48	209	14.50	-15.50
129	Killeen-Temple-Fort Hood, TX	759	0.48	210	28.43	-17.23
130	Providence-New Bedford-Fall River, RI-MA	3,263	0.47	213	-23.35	-21.81
131	Las Cruces, NM	381	0.47	214	0.79	-21.77
132	Richmond, VA	2,446	0.46	217	-9.07	-35.46
133	Cedar Rapids, IA	516	0.46	218	-7.69	-14.29
134	Lafayette, IN	385	0.46	219	11.92	-6.10
135	Sioux Falls, SD	436	0.45	220	59.71	11.22
136	Anchorage, AK	699	0.45	221	13.11	-18.53
137	Knoxville, TN	1,418	0.45	223	-3.93	-28.60
138	Bridgeport-Stamford-Norwalk, CT	1,587	0.44	228	4.20	16.01
139	Boulder, CO	552	0.43	230	-9.36	-27.46
140	Eugene-Springfield, OR	673	0.43	232	-14.70	-23.87
141	Lafayette, LA	497	0.43	233	5.52	0.00
142	Boston-Cambridge-Quincy, MA-NH	8,083	0.43	233	-12.11	9.36
143	Norwich-New London, CT	518	0.43	234	7.02	29.18
144	Evansville, IN-KY	680	0.43	234	52.13	86.81
145	Roanoke, VA	611	0.42	Source: http://www.realestateindustrynews.com/foreclosures/over-half-of-the-metro-areas-in-u-s-see-increased-foreclosure-activity-in-first-half-of-2012/ jonbenet ramsey jason campbell doobie brothers jennie garth peter facinelli marques colston golden state warriors free agents nfl 2012 Subscribe to: Post Comments (Atom) Followers Blog Archive ►  2013 (113) ►  April (13) ►  March (62) ►  February (32) ►  January (6) ▼  2012 (952) ►  December (45) ►  November (136) ►  October (130) ►  September (89) ►  August (94) ▼  July (83) Mali Islamists stone couple to death for adultery Articles ? Better Sports Betting Article Search En... Badminton's rock star: Lin Dan headlines London Oil & Gas - Regional - Roundup: Technip, Pampilla/... Clinton's key role at Democratic convention First Pisa, now Rome's Colosseum - it's leaning Discovery of new white blood cell reveals target f... HP LaserJet Pro 400 M401dn Financial Accounting: Bridging Finance and Bridgin... The History of Gold | Gold - Personal Finance PFT: Payton's mural watching over Saints Helpful Tips When Planning To Date A Recovered Alc... Community Health: Community-Based Careers: Dedicat... Over half of the metro areas in U.S. see ... - Rea... The Landmark Forum; Revolutionizing the Society ? ... Mystery lady 'likely N. Korea leader's wife' How 'Dark Knight Rises' Fits In The Nolan-verse Emerging Opportunities in the Russian Consumer Fin... Hopes for ECB action help European markets Computer Leases - Why Rent Your personal computer ... Olympic VIP lanes baffle, anger London drivers The Perils Of selling FSBO (For Sale By Owner) | B... Who will light the Olympic flame in London? 'Dark Knight Rises' Opening Image: Christopher Nol... Have Some College? New Arkansas Campaign Urges You... On line Automobile Auction - Get Vehicles at Low P... Hop Festival: Drydens named grand marshal of parade Health Care For My | Hot Mama Fitness Studio Five Reasons To See 'The Dark Knight Rises' Fitness health article - HEALTH, BEAUTY & FITNESS Police: Colo. suspect rigged apt bombs 'to kill' Rest In Pieces Fighting To Maintain A Fitness Lifestyle? Attempt ... La Palestra World-wide-web marketing and advertising - CareCru... Self Improvement Success Thinking - Free Online Ar... Maehl's time now: Paradise High grad set for secon... Why Windows 8 Start Menu's Absence is Irrelevant The Ville Facebook Hack Cheat _Download Zynga Coin... Oil above $89 amid Mideast tensions, Fed hopes US 'building missile defense station in Qatar' Obama campaign employing scare tactics in anti-Rom... #3: Adco 3952 Size 2 Ultra Tyre Gard Health and fitness Well being Clubs | Ozzope.org A Large Number Of Cost-Effective Services To Corpo... Fuel Cell Treats Wastewater and Harvests Energy SpaceX completes design review of Dragon Massive anti-nuclear rally staged in Tokyo Is There A Demand For Computer Hardware Engineers ... Crude oil trading patterns and ideas for the July 13 iPhone 5 Will Be Announced August 7 Romney adviser: Obama's tactics demean presidency John Terry racism row: Rio Ferdinand accused in ro... DIY Wireless Typing Glove Is The Future Of Michael... TweetingTigers: Motown Sports: Your 2012 RESET Pre... Italy passes market test after Moody's downgrade An Affordable Basic Internet site Solution | Learn... Melinda Gates Pledges $560 Million For Contraception Developing nations to get $2.6 bln for family plan... What is a Home Appraisal? | Real Estate Appraisal ... Obama, Romney campaigns accuse each other of lies Egypt's legislature convenes despite court ruling DoD Awards Grants for State and Local Military/Ove... Mali Islamists destroy tombs at famous Timbuktu mo... How the major US stock indexes fared on Monday Foes of Voter ID Laws Find Ways to Mute Their Impact Obama would reject bill extending tax cuts for wea... Egypt's president reconvenes dissolved parliament Video: Afghan Taliban publicly execute woman Restricted Liability Organization Myths Busted | Oil down near $86 after Europe, China rate cuts Most accurate robotic legs mimic human walking gait Malware may knock thousands off Internet on Monday 'Halo 2: Anniversary Edition' may be on the way Spam-happy iOS trojan slips into App Store, gets p... The way Real Estate Marketing Changed - CareCrunch... Airline CEOs continue to register to attend Routes... jgtcOnline: Kyle Smithpeters hired as John A. Loga... Heat wave, storms blamed for 17 deaths, power outages I'd tell you that I love you [[Both M & F spots op... Communications, Broadband Internet, Computers, Com... What are the best foods to eat for women in the su... StitcherRadio: RT @dropoutnation: Android/iPhone f... ►  June (69) ►  May (82) ►  April (68) ►  March (56) ►  February (49) ►  January (51) ►  2011 (19) ►  December (19) About Me beedleona18 View my complete profile Picture Window theme. Powered by Blogger.