Jacksonville Foreclosure Rate Still in Top 30 Nationally, But Down from 2009
According to foreclosure statistics for the first six months of 2010 just released by RealtyTrac, the Jacksonville metro area ranks 26th on a list of U.S. cities with the highest number of homes in foreclosure. With one of every 39 homes in some stage of the foreclosure process from January to June, the foreclosure rate in Jacksonville is almost 13 percent higher than for the same time period one year ago.
However, the Jacksonville foreclosure rate is actually down eight percent from the end of 2009.
The #1 market for foreclosures continues to be Las Vegas, where one in every 15 homes is in foreclosure. However, Florida had a total of 12 cities in the Top 30 and continues to be second only to California in the total number of homes statewide that are in the foreclosure process.
The 12 Florida cities in the top 30 of 206 U.S. metro areas from the RealtyTrac report and their rankings were:
2. Cape Coral-Fort Myers
8. Orlando
10. Miami
13. Naples
15. Daytona
16. Port St. Lucie
17. Lakeland
18. Palm Bay-Melbourne-Titusville
20. Tampa
23. Sarasota-Bradenton-Venice
24. Ocala
26. Jacksonville
Greg Gilbert
Keith Maynard
