Does your city rank high or low?

It’s raining foreclosures, in these cities. In a recent article July 30, 2009, Foreclosures: How Bad is your City?, Les Christie with CNNMoney list out the top 20 ranked cities where foreclosures abound. He quotes his source, RealtyTrac and here is their findings. Ranked # 1 is Seattle with 1 in 107 however, that’s up from the first half of 2008 by 72% Ranked # 2 is Minneapolis 1 in 90 up 58.6% Ranked # 3 is Phoenix 1 in 22 up 51.7% Ranked # 4 is Miami 1 in 28 up 40.9% Ranked # 5 is Tampa 1 in 39 up 31.5% Ranked # 6 is Chicago 1 in 59 up 30.3% Ranked # 7 is Los Angeles 1 in 42 up 29.9% Ranked # 8 is Riverside 1 in 17 up 11.8% (I have no clue where Riverside is) Ranked # 9 is Atlanta 1 in 49 up 11.5% (Did any of you know that one of the women from the “Real Housewives of Atlanta recent lost her home.) Ranked # 10 is San Francisco 1 in 52 up 8.7% Ranked # 11 is San Diego 1 in 37 however, they are down .1% (Woot woot) Ranked # 12 is Philadelphia 1 in 168 down a solid 6% Ranked # 13 is Washington 1 in 73 down 9.6% Ranked # 14 is Dallas 1 in 131 down 16.5% (my home town) Ranked # 15 is Detroit 1 in 54 down 16.4% Ok, I am tired of typing these out so, to see the rest, go find the article. I know, I am such a pill…..lol Fine, I will tell you # 20 but, that’s it. Ranked # 20 is Boston! 1 in 144 down 40.7% Just curious, what happened to Seattle, did Microsoft shut down or something?
E-mail me when people leave their comments –

Jesse Gonzalez is a highly accomplished and respected real estate professional with a wealth of experience in the industry. With a career over 15 years, Jesse has established himself as a leading real estate sales and marketing expert.

As a licensed real estate agent since 2005 and a broker since 2008, Jesse has a comprehensive understanding of the complexities of the market. In 2013, he founded his firm, Liberty House Realty, LLC demonstrating his entrepreneurial spirit and commitment to delivering exceptional service to his clients.

Jesse's expertise extends beyond traditional real estate transactions. He obtained his Registered Appraisal Trainee in 2019, providing him with valuable insights into property valuation and market analysis. Although he decided to focus primarily on sales, his appraisal background gives him a unique advantage in understanding the intricacies of property values and trends.

With a dedication to excellence, Jesse consistently achieves outstanding results for his clients. Last year alone, he closed over $20 million in sales and received the prestigious Sapphire Award from his local association, recognizing his exceptional achievements in the industry.

Beyond his successful career in real estate, Jesse is passionate about education and personal growth. He is completing his undergraduate degree in Forensic Psychology, with plans to attend Law School in the fall of 2024. Jesse's ambition is to become a real estate litigator, focusing on real estate consumer protection law and advocating for the rights and interests of homebuyers and sellers.

As the owner/operator of the nation's largest social network for REO professionals, <a href="http://www.REOProNetwork.com">www.REOProNetwork.com</a>, Jesse has positioned himself as a thought leader and industry influencer. Through this platform, he fosters collaboration and knowledge-sharing among REO agents, attorneys, asset management firms, and other professionals in the field.

With a commitment to professionalism, integrity, and providing a personalized experience for his clients, Jesse Gonzalez is a trusted advisor and a driving force in the real estate industry. Whether assisting clients with buying or selling properties, he consistently goes above and beyond to exceed expectations and ensure successful outcomes.

You need to be a member of REO Pro Network to add comments!

Join REO Pro Network

Comments

  • Thank you Tom for the clarification
  • Riverside is in Southern California, Inland Empire.
  • Hi Debbie:

    I didn't notice but, it doesn't surprise me.
  • Jessie did you notice the state ranking along with unemployment? Michigan highest unemployment in nation at 15.2% but only 3.9% in foreclosures...Detroit must have them all!
  • Yeah, i was too
  • I am extremely surprised Las Vegas is not one of the top 3 on the list.
This reply was deleted.