Nashville Foreclosure Rate
Five States still account for almost 50% of the foreclosures in the nation and they include: California (142,000), Florida (92,000), Michigan (60,000), Texas (58,000) and Georgia (57,000). Nationally, foreclosure inventory has decreased 0.1% over the last year and has leveled off during the first four months of 2012. Since the beginning of the financial crisis in 2008, approximately 3.6 million homes have completed foreclosure in the United States.
The graph below shows the Foreclosure Trend for Nashville over the last 16 months and included the rate for each month. How do you think Nashville and the Nation will fare over the next 12 months?