Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

The number of U.S. properties with foreclosure-related filings rose about 1.7 percent in 2010, to an estimated 2.87 million -- approximately one in every 45 households, or 2.2 percent of all U.S. housing units, foreclosure data company RealtyTrac reported today. The Las Vegas metro area, despite a 7 percent drop in foreclosure filings activity in 2010, still was ranked as the No. 1 foreclosure hotspot, with 1 in 9 housing units there receiving a foreclosure filing in 2010. RealtyTrac's report found that foreclosure activity increased in 2010 in 149 of the nation's 206 metro areas with a population of at least 200,000, while all 10 metro areas with the highest foreclosure rates in 2010 experienced an annual decline in foreclosure-filings activity. James J. Saccacio, RealtyTrac CEO...