posted
Jan 29, 2010 by REI News
Cities in the so-called Sand States dominated the foreclosure rankings in 2009 with the 20 worst-hit metro areas residing in Nevada Florida California and Arizona.Cities in the so-called Sand States dominated the foreclosure rankings in 2009 with the 20 worst-hit metro areas residing in Nevada Florida California and Arizona.
When John King stopped making payments on his home in Coral Gables Florida two years ago he assumed the foreclosure ended his mortgage contract he said. Last month a Miami-Dade County court gave collectors permission to pursue him for 44000 stemming from the default .When John King stopped making payments on his home in Coral Gables Florida two years ago he assumed the foreclosure ended his mortgage contract he said. Last month a Miami-Dade County court gave collectors permission to pursue him for 44000 stemming from the default .
The nations metro-area foreclosures continue to be concentrated in California Florida Nevada and Arizona — but homeowner losses are spreading to other cities as well. On the good side a number of metro areas show declining foreclosure rates.The nations metro-area foreclosures continue to be concentrated in California Florida Nevada and Arizona — but homeowner losses are spreading to other cities as well. On the good side a number of metro areas show declining foreclosure rates.
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