Foreclosure Activity Down 15% In Q1 2011 Nashville Real Estate
An interesting trend to note is that bank prepossessions were down in all states except those with non-judicial foreclosures processes where they increased 9%. The usual suspects, California, Arizona and Nevada, continue to post the highest foreclosure rates. Rounding out the top ten were Utah, Georgia, Michigan, Florida, Colorado and Illinois. California accounted for 25% of all foreclosure activity in the first quarter.
Isn't it great to be alive and to be in Nashville, TN!