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Nashville/Davidson 61st in foreclosure rate Nashville/Davidson 61st in foreclosure rate (Memphis, Knoxville: estate, foreclosures, homes)
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Old 08-20-2007, 10:54 PM
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Default Nashville/Davidson 61st in foreclosure rate
California cities fill top 10 foreclosure list - Aug. 14, 2007

Topping the list is Stockton, CA with 1 out of every 27 homes being foreclosed.

Memphis is 9th, with 1 out of every 49 homes being foreclosed.

Nashville/Davidson is 61st, with 1 out of every 161 homes being foreclosed; Up 31% from the first half of 2006.

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Old 08-20-2007, 11:21 PM
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Quote:
Originally Posted by Mike in TN View Post
California cities fill top 10 foreclosure list - Aug. 14, 2007

Topping the list is Stockton, CA with 1 out of every 27 homes being foreclosed.

Memphis is 9th, with 1 out of every 49 homes being foreclosed.

Nashville/Davidson is 61st, with 1 out of every 161 homes being foreclosed; Up 31% from the first half of 2006.
Knoxville is 77th on that list, one foreclosure for every 246 homes.

The list cited is for the top 100 metropolitan areas in the country. Being in the bottom half of such a list speaks well for Nashville and Knoxville, in my opinion. While Nashville's increase of 31 percent is large, many other cities had increases in foreclosure much larger than Nashville's (446% in Hartford CT, 241% in Sacramento, 201% in Minneapolis, 139% in Phoenix, 116% in Charlotte, 106% in Cleveland, 105% in Raleigh, and so on).

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Old 07-10-2008, 03:19 PM
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Mike in TN,

I was wondering where you came up with the foreclosure facts for Davidson County, TN. Do you know how many homes went into foreclosures on an annual basis?

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Old 07-10-2008, 08:00 PM
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Originally Posted by hsloneke View Post
Mike in TN,

I was wondering where you came up with the foreclosure facts for Davidson County, TN. Do you know how many homes went into foreclosures on an annual basis?
I got the info from the link posted.

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Old 07-10-2008, 08:20 PM
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I figured that Memphis would make the Top 10...jeez, they DRAG down the state statistics in just about all categories.

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Old 07-13-2008, 12:05 AM
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I am suprised San Bernardino, CA isn't #1... I live in the county and it is seriously bad here. There are so many foreclosures and short sales here it is ridiculous. However, a lot are selling... they aren't just sitting vacant.

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