The good news is foreclosure activity is down in the U.S. cities hardest hit by the housing market crisis. The bad news? Foreclosures in general have increased in 72% of all the other major cities across the country.
At least, that was the case in 2010, according to RealtyTrac’s “2010 MSA U.S. Foreclosure Market Report.” As a year-end re-cap, the online foreclosure marketplace leader crunched default data for America’s 206 largest Metropolitan Statistical Areas (MSAs), as defined by the U.S. Census Bureau. They counted the total number of properties with at least one foreclosure filing entered into RealtyTrac’s database during the 2010 calendar year. If a property received more than one filing during the year, only the most recent was counted.
Click Here to Read: The Worst Cities For Foreclosures In 2010...
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