{"id":3864,"date":"2012-10-30T13:05:48","date_gmt":"2012-10-30T13:05:48","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=3864"},"modified":"2012-10-30T13:05:48","modified_gmt":"2012-10-30T13:05:48","slug":"worst-may-be-over-for-foreclosure-epidemic","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/worst-may-be-over-for-foreclosure-epidemic\/","title":{"rendered":"Worst May Be Over for Foreclosure Epidemic"},"content":{"rendered":"

Worst May Be Over for Foreclosure Epidemic<\/h2>\n
\"Worst<\/a>

Worst May Be Over for Foreclosure Epidemic<\/p><\/div>\n

Foreclosures have fallen in about 62 percent of the country\u2019s 212 largest metro markets in the third quarter, leading to more stability in the housing market recovery, RealtyTrac reports in its latest foreclosure report.<\/p>\n

What\u2019s more, RealtyTrac reports that foreclosure activity in 58 percent of the major markets have fallen to below September 2007 levels. In some markets, foreclosures have decreased by 26 percent or more, such as in Detroit, Los Angeles, Phoenix, San Francisco, and San Diego.<\/p>\n

“Most of the nation’s housing markets are past the worst of the foreclosure problem,” says Daren Blomquist, RealtyTrac’s vice president.<\/p>\n

A few markets are still seeing foreclosures rising, however. For example, several Florida areas are seeing a jump. Foreclosures were up 64 percent in Palm Bay, Fla., up 43 percent in Tampa; and up 32 percent in Jacksonville, Fla. Florida is a \u201cjudicial state,\u201d where foreclosures must get the court\u2019s OK before they\u2019re final.<\/p>\n

The majority of the nation\u2019s highest foreclosure rates fall in California, Florida, Arizona, and Nevada. The only cities outside those states in the top 20 highest foreclosure rate list are Chicago, which has the ninth-highest foreclosure rate and has seen a 34 percent increase over year-ago levels in its foreclosures; and Atlanta, which is number 15 on the list.<\/p>\n

Stockton, Calif., continued to have the nation\u2019s highest foreclosure rate, yet still had a 21 percent decline in foreclosures, RealtyTrac reports.<\/p>\n

Source: \u201cForeclosures Fall in 62% of U.S. Cities<\/a>,\u201d CNNMoney (Oct. 25, 2012)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Worst May Be Over for Foreclosure Epidemic Foreclosures have fallen in about 62 percent of the country\u2019s 212 largest metro markets in the third quarter, leading to more stability in the housing market recovery, RealtyTrac reports in its latest foreclosure report. What\u2019s more, RealtyTrac reports that foreclosure activity in 58 percent of the major markets … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-3864","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nWorst May Be Over for Foreclosure Epidemic - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.anthonydidonato.net\/wordpress\/worst-may-be-over-for-foreclosure-epidemic\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/worst-may-be-over-for-foreclosure-epidemic\\\/#article\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/worst-may-be-over-for-foreclosure-epidemic\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Worst May Be Over for Foreclosure Epidemic\",\"datePublished\":\"2012-10-30T13:05:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/worst-may-be-over-for-foreclosure-epidemic\\\/\"},\"wordCount\":266,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/worst-may-be-over-for-foreclosure-epidemic\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2012\\\/10\\\/foreclosure_epidemic_on_page.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/worst-may-be-over-for-foreclosure-epidemic\\\/\",\"url\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/worst-may-be-over-for-foreclosure-epidemic\\\/\",\"name\":\"Worst May Be Over for Foreclosure Epidemic - 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