Indianapolis, Atlanta and Dallas Hold Top 3 Metropolitan Foreclosure Rates

Posted in Foreclosure, August 31st, 2006 |

For the second quarter in a row, Memphis, Tennessee is one of the top 10 major cites with the highest foreclosure rates.

Memphis, which came in at No. 7 on the list, had a total of 3,849 properties that were in some stage of foreclosure during the second quarter of 2006.

Indianapolis, Atlanta and Dallas once again came in as the top three cities with the highest foreclosure rates, as they did in the first quarter.

Houston, Texas was also on the list, and saw a particularly large increase from the first to second quarter as its foreclosure rate rose nearly 40 percent. Dallas, however,