Chattanooga Real Estate Blog

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June Foreclosure Report

Posted in General Real Estate Info by Karen Rhodes on July 12th, 2007

It’s that time again.  RealtyTrac has released it’s market report on June foreclosures.  The report shows 164,644 properties nationwide entered some stage of foreclosure during the month, a decrease of about 7 percent from the previous month and, as we are becoming to expect. a huge increase of 86 percent from June 2006.  That’s 1 in every 704 households.

Tennessee is holding stead at 12th highest rate in the nation.  1 in 728 households, an nice decrease over last month of 12.4% but up form May of last year by 39.31%. 

The 10 highest were:

10  Indiana
  9  Connecticut
  8  Georgia
  7  Michigan
  6 Ohio
  5  Arizona
  4  Florida
  3  Colorado
  2  California
  1  Nevada

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