RealtyTrac is out with the total foreclosure numbers for 2010. On the whole things are getting worse.
72 percent of major metro areas saw an increase in foreclosure volume. Although some of the worst hit areas in Nevada, California and Florida improved from 2009, the foreclosure rate in these areas remains shockingly high. If not for some foreclosure suspensions due to the robosigning scandal, these numbers would have been higher.
For a frightening way to visualize the foreclosure crisis, we're borrowing a Google maps technique described by Barry Ritholtz.
20) Boise, Idaho -- 1 in 21 homes in foreclosure (The red dots show foreclosures)
Image: Courtesy of Google Maps
19) Sarasota, Fla. -- 1 in 21 homes in foreclosure
Image: Courtesy of Google Maps
18) Lakeland, Fla. -- 1 in 21 homes in foreclosure
Image: Courtesy of Google Maps
17) Tampa, Fla. -- 1 in 20 homes in foreclosure
Image: Courtesy of Google Maps
16) Port St. Lucie, Fla. -- 1 in 19 homes in foreclosure
Image: Courtesy of Google Maps
15) Sacramento, Calif. -- 1 in 19 homes in foreclosure
Image: Courtesy of Google Maps
14) Naples, Fla. -- 1 in 18 homes in foreclosure
Image: Courtesy of Google Maps
13) Deltona, Fla. -- 1 in 17 homes in foreclosure
Image: Courtesy of Google Maps
12) Bakersfield, Calif. -- 1 in 17 homes in foreclosure
Image: Courtesy of Google Maps
11) Reno, Nev. -- 1 in 16 homes in foreclosure
Image: Courtesy of Google Maps
10) Vallejo, Calif. -- 1 in 16 homes in foreclosure
Image: Courtesy of Google Maps
9) Orlando -- 1 in 15 homes in foreclosure
Image: Courtesy of Google Maps
8) Merced, Calif. -- 1 in 14 homes in foreclosure
Image: Courtesy of Google Maps
7) Stockton, Calif. -- 1 in 14 homes in foreclosure
Image: Courtesy of Google Maps
6) Riverside, Calif. -- 1 of 14 homes in foreclosure
Image: Courtesy of Google Maps
5) Miami -- 1 in 14 homes in foreclosure
Image: Courtesy of Google Maps
4) Phoenix -- 1 in 14 homes in foreclosure
Image: Courtesy of Google Maps
3) Modesto, Calif. -- 1 in 14 homes in foreclosure
Image: Courtesy of Google Maps
2) Cape Coral, Fla. -- 1 in 12 homes in foreclosure
Image: Courtesy of Google Maps
1) Las Vegas -- 1 in 9 homes in foreclosure
BONUS: USA -- 1 in 46 homes in foreclosure
Image: Courtesy of Google Maps
Unfortunately, prices are still dropping
Image: greghartmann on flickr
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