Cities with the Most Homes in Foreclosure

10. San Diego-Carl*****ad-San Marcos, Calif.
> Foreclosure rate: 1 in 137.3 housing units
> Avg. sale price (foreclosed homes): $316,515
> Avg. sale price (nonforeclosed homes): $448,985
> Foreclosure sales as pct. of total: 34.05%

9. Tampa-St. Peter*****urg-Clearwater, Fla.
> Foreclosure rate: 1 in 119.8 housing units
> Avg. sale price (foreclosed homes): $96,543
> Avg. sale price (nonforeclosed homes): $129,819
> Foreclosure sales as pct. of total: 20.44%

8. Miami-Fort Lauderdale-Pompano Beach, Fla.
> Foreclosure rate: 1 in 109.9 housing units
> Avg. sale price (foreclosed homes): $130,186
> Avg. sale price (nonforeclosed homes): $185,293
> Foreclosure sales as pct. of total: 23.16%

7. Orlando-Kissimmee, Fla.
> Foreclosure rate: 1 in 100.8
> Avg. sale price (foreclosed homes): $114,684
> Avg. sale price (nonforeclosed homes): $140,630
> Foreclosure sales as pct. of total: 27.76%

6. Chicago-Naperville-Joliet, Ill.-Ind.-Wis.
> Foreclosure rate: 1 in 100.5 housing units
> Avg. sale price (foreclosed homes): $131,562
> Avg. sale price (nonforeclosed homes): $242,511
> Foreclosure sales as pct. of total: 30.21%

5. Las Vegas-Paradise, Nev.
> Foreclosure rate: 1 in 95.9 housing units
> Avg. sale price (foreclosed homes): $122,987
> Avg. sale price (nonforeclosed homes): $145,079
> Foreclosure sales as pct. of total: 44.7%

 

4. Phoenix-Mesa-Scottsdale, Ariz.
> Foreclosure rate: 1 in 92.1 housing units
> Avg. sale price (foreclosed homes): $144,235
> Avg. sale price (nonforeclosed homes): $191,263
> Foreclosure sales as pct. of total: 33.46%

3. Sacramento-Arden-Arcade-Roseville, Calif.
> Foreclosure rate: 1 in 90.3 housing units
> Avg. sale price (foreclosed homes): $185,565
> Avg. sale price (nonforeclosed homes): $251,888
> Foreclosure sales as pct. of total: 45.49%

 

2. Atlanta-Sandy Springs-Marietta, Ga.
> Foreclosure rate: 1 in 87.6 housing units
> Avg. sale price (foreclosed homes): $106,042
> Avg. sale price (nonforeclosed homes): $181,952
> Foreclosure sales as pct. of total: 44.7%

1. Riverside-San Bernardino-Ontario, Calif.
> Foreclosure rate: 1 in 68.3 housing units
> Avg. sale price (foreclosed homes): $179,762
> Avg. sale price (nonforeclosed homes): $225,000
> Foreclosure sales as pct. of total: 47.23%

For details, read this article

http://247wallst.com/2012/08/31/cities-with-the-most-homes-in-foreclosure/

It seems to me there are lots of sweet deals in Atlanta.

Congratulations, Qiaoshe!