The top five foreclosure rates of metro areas in the US are as follows;
- Atlantic City, NJ
- Trenton, NJ
- Ocala, FL
- Baltimore, MD
- Reading, PA
Tampa makes the sixth highest ranking in foreclosure rates with a rate of one in every 512. Every month, Florida has made the national top five highest foreclosure rates statewide. For example, in November, rates were up to one in every 662 housing units. While this number is uncomfortably high, during November of last year, Florida foreclosure rates decreased by 30% for that month. Overall Florida foreclosure rates dropped by 36%. There’s still a long way to go before Florida can get off of the list of highest statewide foreclosure rates.