Real Estate News: Foreclosure Stats Are Showing Decline In Most Markets That Were Hard-Hit

City of Hialeah - Miami Dade County

The fifth largest city in the State of Florida with an area of 20 sq. miles and a Class 1 Fire Department. Hialeah has access to most major thoroughfare - linked by I-95, I-75, the Palmetto and Sawgrass Expressways, and the Florida Turnpike. It is home to Hialeah Race Track and rich with investment opportunities for apts, homeownership, retail and the manufacturing sector. Mayor Julio Robaina serves as strong mayor. His vision to encourage business growth and quality of life for the residents maintains the City of Hialeah as one of the most desirable and stable community in Miami Dade County. See all the details at www.hialeahfl.gov

4/29/2010

Foreclosure Stats Are Showing Decline In Most Markets That Were Hard-Hit

Of the 20 metropolitan areas that led the nation in foreclosure rates, 14 of them are showing declining rates. However, this decline is the result of government intervention geared to stall the foreclosures with a variety of programs and not a signal of a recuperating market.

Top 10 Cities leading in foreclosure:
1. Las Vegas-Paradise, Nevada
2. Modesto, California
3. Cape Coral-Fort Myers, Florida
4. Riverside-San Bernardino-Ontario, California
5. Stockton, California
6. Merced, California
7. Phoenix-Mesa-Scottsdale, Arizona
8. Vallejo-Fairfield, California
9. Bakersfield, California
10. Orlando-Kissimmee, Florida