Secret Site Map
Monday, May 25, 2015

Home News Las Vegas Heads List of Metro Areas with Highest Foreclosure Rates for 2009

Las Vegas Heads List of Metro Areas with Highest Foreclosure Rates for 2009

Sun Belt states accounted for all top 20 foreclosure rates in 2009 among metro areas with a population of 200,000 or more, according to a new report from RealtyTrac.

| January 28, 2010

IRVINE, Calif. – RealtyTrac, an online marketplace for foreclosure properties, released its  Year-End 2009 Metropolitan Foreclosure Market Report, which shows that cities in four Sun Belt states accounted for all top 20 foreclosure rates in 2009 among metro areas with a population of 200,000 or more, but foreclosure  activity showed signs of spreading into previously insulated areas as  unemployment became more of a driving factor.

California accounted for nine of the top 20 metro foreclosure rates, followed by Florida with eight, Nevada with  two and Arizona with one. The highest-ranked metro area outside of those four states was in Boise City-Nampa, Idaho,  which ranked No. 24 with 4.66 percent of its housing units receiving at least  one foreclosure notice in 2009.

Las  Vegas posted the nation’s highest metro foreclosure rate for the year, with  more than 12 percent of its housing units receiving a foreclosure notice in  2009 — more than five times the national average. Las Vegas reported a quarter-over-quarter decline  in foreclosure activity in the fourth quarter — as did all the other metro  areas with foreclosure rates ranking among the top 10 for 2009.

With 11.87 percent of its housing units receiving a foreclosure notice  in 2009, Cape Coral-Fort Myers, Fla.,  documented the second highest metro foreclosure rate. Other Florida  cities in the top 10 were Orlando-Kissimmee at No. 7 (8.17 percent), Port St.  Lucie at No. 9 (7.58 percent), and Miami-Fort   Lauderdale-Pompano Beach at No. 10 (7.16 percent).

Merced, Calif., registered the nation’s third  highest metro foreclosure rate, with more than 10 percent of its housing units  receiving a foreclosure notice in 2009. Other California  cities in the top 10 were Riverside-San Bernardino-Ontario at No. 4 (8.80 percent),  Stockton at No. 5 (8.62 percent), and Modesto at No. 6 (8.53  percent).

The Phoenix-Mesa-Scottsdale metro area in Arizona documented the nation’s eighth  highest metro foreclosure rate in 2009, with more than 8 percent of its housing  units receiving a foreclosure notice during the year.

Click here to view the entire list.


Top news

Fastest Growing U.S. Cities in West And South, Census Bureau Reports

Most cities with populations above 100,000 in those regions grew significantly between 2000 and 2010, and 2010 and 2013, according to the bureau's report, which was released last week.

New Bee Survey Released

Losses of managed honey bee colonies were 23.1 percent for the 2014-2015 winter but summer losses exceeded winter numbers for the first time, making annual losses for the year 42.1 percent, according to preliminary results of the annual survey conducted by the Bee Informed Partnership, the U.S. Department of Agriculture (USDA) and the Apiary Inspectors of America.

Terminix Announces Top Mosquito Cities Based on Twitter Complaints

According to research by Terminix, the worst whining about mosquitoes came from Goodland, a small town in the northwest corner of Kansas. Terminix searched through approximately 200 billion tweets posted in 2014 to determine which United States city is most pestered by mosquitoes.

White House Releases Pollinator Action Plan

The Strategy, released last week, and its accompanying science-based Pollinator Research Action Plan outline needs and priority actions to better understand pollinator losses and improve pollinator health. These actions will be supported by coordination of existing Federal research efforts and accompanied by a request to Congress for additional resources to respond to the pollinator losses that are being experienced.

Legislative Day Video Coverage

More than 325 pest control industry professionals traveled to our nation’s capital in March for NPMA Legislative Day 2015, lead-sponsored by FMC Professional Solutions. In the day-plus of activities, PCOs attended sessions on important industry-related issues and heard from prominent national speakers before heading to Capitol Hill to meet with their congressional representatives. In addition to news articles, PCT’s coverage includes video interviews.

x