16 Cities That Are Getting Destroyed By Foreclosures

• Tweet
• Pin It

In the first half of 2012 there were over a million U.S. properties with foreclosure filings, according to RealtyTrac’s latest foreclosure report. 

This was up 2 percent from second half of 2011, but down 11 percent from the first half of 2011.

1 in every 126 homes had at least one foreclosure filing in the first six months of the year. 

We combed through RealtyTrac data to put together the 16 metropolitan areas with the worst foreclosure rates in the nation in the first half of the year. For most recent data on local markets, we included June filings and the monthly and annual change in foreclosures.

Note: All data is for the largest metro areas. The metros are ranked by foreclosure activity in the first half of the year. All other data is for June 2012.

Fresno, California

1 in every 56 homes received a foreclosure filing in the first half of 2012

Properties with foreclosure filings in June:
1,289

Change from May 2012:
+17.29%

Change from June 2011:
-8.06%

Source: RealtyTrac

Chicago-Naperville-Joliet, Illinois

1 in every 55 homes received a foreclosure filing in the first half of 2012

Properties with foreclosure filings in June:
14,014

Change from May 2012:
-6.98%

Change from June 2011:
+41.99%

Source: RealtyTrac

Rockford, Illinois

1 in every 55 homes received a foreclosure filing in the first half of 2012

Properties with foreclosure filings in June:
486

Change from May 2012:
-12.75%

Change from June 2011:
+21.80%

Source: RealtyTrac

See the rest of the story at Business Insider

Please follow Money Game on Twitter and Facebook.

Clusterstock

Related Posts

• Killer Who Shot And Killed Five Co-Workers After Getting Fired From Chuck E. Cheese Pleads For Life Now… [Video]
  Killer Who Shot And Killed Five Co-Workers After Getting Fired From Chuck E. Cheese Pleads For Life Now… [Video]
• Turn Up! Yahoo Name The 10 Most Exciting Cities In America
  Turn Up! Yahoo Name The 10 Most Exciting Cities In America
• Video: Jon Stewart Blasts Lack of Real Punishment for Big Banks’ Wrongful Foreclosures
  Video: Jon Stewart Blasts Lack of Real Punishment for Big Banks’ Wrongful Foreclosures
• Off The Hook: Trey Songz Will Not Be Charged For Allegedly Getting Slap Happy With A NY Pole Dancer
  Off The Hook: Trey Songz Will Not Be Charged For Allegedly Getting Slap Happy With A NY Pole Dancer