Are,Fourteen,the,Top,U.S.,Metr business, insurance Are Fourteen of the Top 20 U.S. Metro’s shedding their Forec


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14 leading American metros post year on year improvementsBut the SunbeltStates are lagging far behindThis may bemore then a blip …… butthere’s a lot more to be done elsewhereThere’s good newsfor the property market in more than a few of the top 20 Americanmetro areas, with 14 out of 20 reporting year-on-year improvements intheir foreclosure rates compared to the first quarter of 2009,despite a general increase across the States.According to a realestate services provider these declines are indicative of somesuccesses being achieved through government intervention efforts,although the company was as pains to stress that this did not meanthat the back of the problem was anyway near broken.Of the top 20metros, the Sun Belt continued to feel this most pain, with the fourSun Belt States occupying the four worst positions in the table andcontributing largely to the overall less than acceptable 14 / 20result. By comparison, 14 / 16 of the other leading American areasshowed improvements in their foreclosure rate for the first quarterof 2010 compared to the same period in 2009. Elsewhere in theStates things were not nearly as good. Of the top 20 metroforeclosure rates, California claimed 10, followed by Florida with 7.Nevada scored 2, with Arizona bringing up the tail with just 1.

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