Top Foreclosure Trends and Cities

Foreclosure Trends for United States 

 

July 2008

Year-to-Date

New Foreclosure Activity

1,589,249

9,007,087

Number of Sales

66,402

423,713

Avg. Foreclosures Sales Price

$173,645

$165,512

Avg. SavingsThe average percentage below market value that buyers are saving on foreclosure properties in a given area

28%

29%

Source: provided by RealtyTrac | data updated through July 2008

 


Top 10 Foreclosure Cities


  1.   Merced, California 

   2.    Modesto, California

   3.    Stockton, California

   4.    Riverside, California

   5.    Detroit, Michigan

   6.    Fort Lauderdale, Florida

   7.    Cape Coral, Florida

   8.    Vallejo, California

   9.    Las Vegas, Nevada

   10.  Sacramento, California

 

CAROL PERDEW
Prudential California Realty
(209) 239-7979
wwwCentralValleyHomes.com

 

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