Zip Codes with the Highest Foreclosure Rates

I hope everyone had a good weekend.

As we all know, the number of foreclusures have been rising.  Cleveland has been the hardest hit with 783 filings during the three months ended June 15.  Detroit has 4 zip codes in the top 10 cities in the nation with the most foreclusures.

Here's the top 10 highest foreclusure cities in the nation accorcding to RealtyTrac.

10 Top zip codes
The places hit hardest by foreclosure. (Click here for the top 500)
ZipCityStateTotal filings
44105ClevelandOH783
30310AtlantaGA709
80219DenverCO705
48228DetroitMI679
95823SacramentoCA634
48205DetroitMI634
48224DetroitMI583
89031N. Las VegasNV575
80239DenverCO553
48219DetroitMI549
Source:RealtyTrac

Pete 

 

 
Posted by Pete Castillejos-Hawaii Refinance or Purchase on 07/23/2007 02:48 PM   Comments (5)    

5 Comments on Zip Codes with the Highest Foreclosure Rates

Cnn has something on about this too. On their report I think North Las Vegas was ranked higher (not that its a good thing). Other parts of the Las Vegas valley are experiencing the same thing. Investors are starting to swoop in. -Charles

07/23/2007 02:53 PM by Jacqulyn Richey - Las Vegas Real Estate (Prudential)

Interesting!  The news has been covering this in Minneapolis.  They have a map on their website with red dots showing foreclosures.  It seems they are all in the same area.

07/23/2007 03:24 PM by Your Trusted Finance

Jackulyn - I'm thinking of doing some swooping in myself!

Mike - The article I read saying it's starting to spread to the coastal and southern states too.

07/23/2007 04:42 PM by Pete Castillejos-Hawaii Refinance or Purchase (808 Home Mortgage, Inc.)

Wow...too bad.

07/23/2007 11:57 PM by Celeste "SALLY" Cheeseman (RA), HAWAII Real Estate & HAWAII Relocation (Century 21 Liberty Homes -Mililani, Hawaii)

Sally -  Yup.  They all got into loans they shouldn't have.

07/24/2007 03:31 AM by Pete Castillejos-Hawaii Refinance or Purchase (808 Home Mortgage, Inc.)

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Loan Officer: Pete Castillejos-Hawaii Refinance or Purchase (808 Home Mortgage, Inc.)
Pete Castillejos-Hawaii Refinance or Purchase
Honolulu, HI
More about me…
808 Home Mortgage, Inc.

Office Phone: (808) 779-PETE
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