Oregon barely missed being ranked in the Bottom Ten states for foreclosures during first quarter, 2010.
Oregon ranks 11th worst
of the fifty states in foreclosure sales as a percentage of all home sales.
Here is the list of that Bottom Eleven:
| Nevada | 63.5% |
| California | 50.8% |
| Arizona |
50.3% |
| Massachusetts | 42.2% |
| Rhode Island | 41.6% |
| Florida | 38.7% |
| Michigan | 36.6% |
| Georgia | 35.4% |
| Illinois | 33.9% |
| Idaho | 33.9% |
| Oregon | 33.6% |
Oregon had 2651 foreclosure sales during the first quarter. That was down a substantial 17.7% from the the 4th quarter of 2009. It was up just 1.4% from the first quarter of 2009.
Other western states lined up as follows:
| Utah | 24.9% |
| Washington | 18.9% |
| Alaska | 13.7% |
| Hawaii | 12.3% |
| Montana | 10.7% |
| New Mexico | 9.3% |
Wyoming did not appear on the report.
The list of worst states for foreclosures is an interesting combination of those that experienced high population growth in the last decade mixed with those that experienced just the opposite during the same period. Maybe luke warm really is better than hot or cold.
Of course, the incidence of foreclosures varies greatly among Oregon counties, just as it does among states.
***********************
Jim Hale
Principal Broker / Owner
Graduate, REALTOR Institute e-PRO
Member, Million Dollar Club of Lane County
Member, Real Estate Brokers Million Dollar Club
actionagents.net
1715 Linnea Avenue
Eugene, OR 97401-1962
Office: 541-484-0219
Direct: 541-543-9991
Fax: 541-485-8068
www.actionagents.net jim@actionagents.net
© 2010 All Rights Reserved
***********************
Jim Hale
Principal Broker / Owner
Graduate, REALTOR Institute e-PRO
2012 Member, Million Dollar Club of Lane County
2012 Member, Real Estate Brokers Million Dollar Club
actionagents.net
1715 Linnea Avenue
Eugene, OR 97401-1962
Office: 541-484-0219
Direct: 541-543-9991
Fax: 541-485-8068
Eugene Oregon Homes / Real Estate jim@actionagents.net
All statistical market data is based on information from the RMLS of Oregon for the dates indicated.
© 2012 All Rights Reserved / Licensed in the State of OREGON
