One in every 859 U.S. homes has received a foreclosure filing, according to RealtyTrac’s latest foreclosure report. Foreclosure filings were reported on 152,500 U.S. properties. This was down 1 percent month-over-month.
Certain housing markets have recovered well and economists are getting increasingly bullish about the national housing recovery. But housing is a local story and many continue to suffer from an extremely high foreclosure rate.
“Although the overall national foreclosure trend continues to head lower, late-blooming foreclosures are bolting higher in some local markets where aggressive foreclosure prevention efforts in previous years are wearing off,” said Daren Blomquist, vice president at RealtyTrac in a press release.
We drew on RealtyTrac’s report to highlight the 14 metros with the highest foreclosure rates.
Note: The metros are ranked by foreclosure rate i.e. 1 in every X homes received a foreclosure filing. We picked the 14 metros with the highest foreclosure rate from all the metros measured by RealtyTrac.
Akron, Ohio
1 in every 417 homes received a foreclosure filing in March 2013
Properties with foreclosure filings:
748
Change from February 2013:
-7.54 percent
Change from March 2012:
+19.87 percent
Source: RealtyTrac
Dayton, Ohio
1 in every 416 homes received a foreclosure filing in March 2013
Properties with foreclosure filings:
924
Change from February 2013:
+0.11 percent
Change from March 2012:
+106.71 percent
Source: RealtyTrac
Olympia, Washington
1 in every 411 homes received a foreclosure filing in March 2013
Properties with foreclosure filings:
260
Change from February 2013:
+124.14 percent
Change from March 2012:
+584.21 percent
Source: RealtyTrac
Port St. Lucie, Florida
1 in every 395 homes received a foreclosure filing in March 2013
Properties with foreclosure filings:
541
Change from February 2013:
+11.55 percent
Change from March 2012:
+23.52 percent
Source: RealtyTrac
Palm Bay-Melbourne-Titusville, Florida
1 in every 351 homes received a foreclosure filing in March 2013
Properties with foreclosure filings:
766
Change from February 2013:
-25.99 percent
Change from March 2012:
-2.30 percent
Source: RealtyTrac
Chicago-Naperville-Joliet, Illinois
1 in every 342 homes received a foreclosure filing in March 2013
Properties with foreclosure filings:
11,070
Change from February 2013:
-3.27 percent
Change from March 2012:
-13.64 percent
Source: RealtyTrac
Ocala, Florida
1 in every 321 homes received a foreclosure filing in March 2013
Properties with foreclosure filings:
508
Change from February 2013:
-24.29 percent
Change from March 2012:
+15.98 percent
Source: RealtyTrac
Columbus, Ohio
1 in every 319 homes received a foreclosure filing in March 2013
Properties with foreclosure filings:
2,476
Change from February 2013:
+52.37 percent
Change from March 2012:
+62.25 percent
Source: RealtyTrac
Tampa-St. Petersburg-Clearwater, Florida
1 in every 313 homes received a foreclosure filing in March 2013
Properties with foreclosure filings:
4,300
Change from February 2013:
-19.11 percent
Change from March 2012:
18.33 percent
Source: RealtyTrac
Jacksonville, Florida
1 in every 309 homes received a foreclosure filing in March 2013
Properties with foreclosure filings:
1,923
Change from February 2013:
-2.44 percent
Change from March 2012:
+3.78 percent
Source: RealtyTrac
Rockford, Illinois
1 in every 299 homes received a foreclosure filing in March 2013
Properties with foreclosure filings:
487
Change from February 2013:
-2.60 percent
Change from March 2012:
-14.41 percent
Source: RealtyTrac
Orlando-Kissimmee, Florida
1 in every 291 homes received a foreclosure filing in March 2013
Properties with foreclosure filings:
3,200
Change from February 2013:
-22.78 percent
Change from March 2012:
+6.77 percent
Source: RealtyTrac
Las Vegas-Paradise, Nevada
1 in every 264 homes received a foreclosure filing in March 2013
Properties with foreclosure filings:
3,143
Change from February 2013:
+7.05 percent
Change from March 2012:
-4.79 percent
Source: RealtyTrac
Miami-Fort Lauderdale-Pompano Beach, Florida
1 in every 222 homes received a foreclosure filing in March 2013
Properties with foreclosure filings:
11,078
Change from February 2013:
-1.41 percent
Change from March 2012:
+11.40 percent
Source: RealtyTrac