[quote=]Sure, SD County is higher on the chart (35) than the “Twin Cities” (76). But if I am reading this right, the Minneapolis area currently has 154 properties in various stages of foreclosure for every 1000 properties to San Diego’s 82 per 1000. This indicates that a far greater proportion of its homeowners (to SD Co. homeowners) are in some stage of default or foreclosure. In addition, there were 8.59% MORE homeowners in Minneapolis in distress in Q3 2010 than in Q2 2010![/quote]
I think I DID read the Realty Trac chart wrong. I now think SD’s foreclosure rate is higher than Minneapolis. It’s 1 in 82 homeowners in SD versus 1 in 154 homeowners in MN.
[quote=]This chart seems to indicate that while SD’s foreclosures are going down, Minneapolis’ foreclosures are going up.[/quote]