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14 US Cities With Big Foreclosure Problems

Miami skyline

One in every 1,155 U.S. homes received a foreclosure filing in November, according to the latest foreclosure data from RealtyTrac.

Foreclosure filings were down 37% from a year ago, but and down 15% from the previous month.

This was driven by a drop in foreclosure starts which fell to the lowest level since December 2005.

“While foreclosures will likely continue to stage a weak rally in certain markets next year as the last of the distress left over from the Great Recession is dealt with,” said Daren Blomquist at RealtyTrac.

“It is highly unlikely that there will be a foreclosure comeback that poses any major threat to the solid housing recovery that has now taken hold.”

But some states and cities continued to struggle with foreclosures.

At the state level, Florida continued to post the nation’s highest foreclosure rate, with one in every 392 homes receiving a foreclosure filing. Delaware and Maryland rounded of the nation’s three states with the highest foreclosure rates.

We drew on RealtyTrac’s report to highlight the 14 metros with the highest foreclosure rate.

Note: The metros are ranked by foreclosure rate, i.e., one in every X homes received a foreclosure filing.

Deltona-Daytona Beach-Ormond Beach, Florida

One in every 502 homes received a foreclosure filing in November 2013

Properties with foreclosure filings:

504

Change from October 2013:

+4.13%

Change from November 2012:
-21.98%

Source: RealtyTrac

Reading, Pennsylvania

One in every 496 homes received a foreclosure filing in November 2013

Properties with foreclosure filings:

331

Change from October 2013:

-7.80%

Change from November 2012:
+85.96%

Source: RealtyTrac

Des Moines-West Des Moines, Iowa

One in every 481 homes received a foreclosure filing in November 2013

Properties with foreclosure filings:

496

Change from October 2013:

+4.20%

Change from November 2012:
+30.18%

Source: RealtyTrac

Myrtle Beach-Conway-North Myrtle Beach, South Carolina

One in every 477 homes received a foreclosure filing in November 2013

Properties with foreclosure filings:

384

Change from October 2013:

+93.94%

Change from November 2012:
-7.91%%

Source: RealtyTrac

Ocala, Florida

One in every 454 homes received a foreclosure filing in November 2013

Properties with foreclosure filings:

360

Change from October 2013:

-11.76%

Change from November 2012:
-53.96%

Source: RealtyTrac

Sarasota-Bradenton-Venice, Florida

One in every 432 homes received a foreclosure filing in November 2013

Properties with foreclosure filings:

924

Change from October 2013:

+22.06%

Change from November 2012:
-36.28%

Source: RealtyTrac

Tampa-St. Petersburg-Clearwater, Florida

One in every 410 homes received a foreclosure filing in November 2013

Properties with foreclosure filings:

3,285

Change from October 2013:

-26.36%

Change from November 2012:
-28.57%

Source: RealtyTrac

Charleston-North Charleston, South Carolina

One in every 395 homes received a foreclosure filing in November 2013

Properties with foreclosure filings:

746

Change from October 2013:

+44.02%

Change from November 2012:
+3.90%

Source: RealtyTrac

Orlando-Kissimmee, Florida

One in every 384 homes received a foreclosure filing in November 2013

Properties with foreclosure filings:

2,432

Change from October 2013:

-11.40%

Change from November 2012:
-6.96%

Source: RealtyTrac

Rockford, Illinois

One in every 355 homes received a foreclosure filing in November 2013

Properties with foreclosure filings:

410

Change from October 2013:

+36.21%

Change from November 2012:
-18.49%

Source: RealtyTrac

Palm Bay-Melbourne-Titusville, Florida

One in every 343 homes received a foreclosure filing in November 2013

Properties with foreclosure filings:

783

Change from October 2013:

-23.54%

Change from November 2012:

-54.16%

Source: RealtyTrac

Port St. Lucie, Florida

One in every 341 homes received a foreclosure filing in November 2013

Properties with foreclosure filings:

627

Change from October 2013:

-22.69%

Change from November 2012:

-19.10%

Source: RealtyTrac

Miami-Fort Lauderdale-Pompano Beach, Florida

One in every 307 homes received a foreclosure filing in November 2013

Properties with foreclosure filings:

8,006

Change from October 2013:

-14.01%

Change from November 2012:

-15.52%

Source: RealtyTrac

Jacksonville, Florida

One in every 288 homes received a foreclosure filing in November 2013

Properties with foreclosure filings:

2,064

Change from October 2013:

-5.62%

Change from November 2012:

-12.84%

Source: RealtyTrac

Now check out the trends that will dominate America for the next 10 years...

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