so
1) which states/cities/counties have the best real estate appreciation
2) which states/cities/counties have the most foreclosures?
I read one article yesterday that FL & CA make up 37% of the nation's foreclosure alone.
2007 Foreclosure Stats
Rank State Total % of Homes
1 Nevada 34,417 3.376
2 Florida 165,291 2.002
3 Michigan 87,210 1.947
4 California 249,513 1.921
5 Colorado 39,403 1.919
6 Ohio 89,979 1.797
7 Georgia 59,057 1.566
8 Arizona 38,568 1.516
9 Illinois 64,310 1.25
10 Indiana 27,980 1.027
http://www.therealestatebloggers.com/2008/01/29/top-10-states-with-highest-foreclosure-rate-in-2007/
Foreclosure Activity for the Nation’s 100 Largest Metro Areas – 2007 Totals
http://money.cnn.com/2008/02/12/real_estate/realtytrac/index.htm?postversion=2008021306
For best appreciation for 2008 I am seeing Oregon, Raleigh-Durham, Richmond, VA. Most stats that has top 10 lists were complied prior to the subprime taking a dookie, so I don't know as though 2006 & 2007 stats would still be valid.
