Indianapolis, Atlanta, and Dallas posted the three highest U.S. metropolitan foreclosure rates in the second quarter, according to RealtyTrac, an online foreclosure marketplace based in Irvine, Calif.The company's Q2 2006 U.S. Metropolitan Foreclosure Market Report ranks the foreclosure rates of the nation's 100 largest metro areas. The foreclosure rates for the three cities were 0.987%, 0.904%, and 0.891%, respectively, the company reported. "Four Texas cities now have foreclosure rates ranking among the top 10, thanks to increasing foreclosures in Austin and Houston during the second quarter," said James J. Saccacio, RealtyTrac's chief executive officer. The rest of the top 10 cities were as follows: Denver; Memphis; Stockton, Calif.; Salt Lake City; and San Antonio. RealtyTrac can be found online at http://www.realtytrac.com.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry