Foreclosure Rates
Foreclosure Rate Rises 4% from March to April, Sets Record
April saw the continued rise of foreclosures across the country, as the national foreclosure rate has risen by almost 65% over April of 2007, indicating the climbing number of defaults and subsequent foreclosures being experienced nationwide. The climbing foreclosure rate has risen a lot of worry about homeowner safety and the economy, but now itβs [...]
Chicago Holds 2nd Highest Metropolitan Foreclosure Rate in Nation
Chicago claimed the spot this February as the metropolitan area with the second highest rate of foreclosure in the country. The only city with a higher rate of foreclosures is Los Angeles. The city has taken many steps to try to curb its foreclosure rate, but with the increasing number of sub prime and adjustable [...]
Ohio Foreclosure Rates fall in February, but Still High Among Other States
New statistics released recently show that Ohio’s foreclosure rate actually slowed during the month of February, although it was still high enough to earn it the 7th spot among states with the highest foreclosure rates.
