Continuing a trend from 2006, Detroit documented the highest
overall foreclosure rate (16,351 filings and one foreclosure filing for every 51 households) of the nation's 100 largest metro areas.
Not exact matches
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Second, the
overall foreclosure start
rate was 1.20 percent — that's up from 1.08 percent in the fourth quarter of 2009.
We will watch the
foreclosure rate to see how it is impacted, as well as North Dakota's
overall ranking in next year's study.
In
overall foreclosure activity, Florida moved to a third place ranking in July, behind the fellow sand - states of top -
rated California and Arizona.
Also, unemployment remains high, which can cause home owners to fall into
foreclosure and could increase
foreclosure rates, which can bring
overall home prices down.