In 2007, Iowa had 7,404 filings and 4,103 properties foreclosed on in 2007. This ranked the Hawkeye state as #33. Here are the top 3 states with the highest rate of foreclosures:
Number of foreclosures Percentage of households affected Percentage of change from '06
Nevada- 34,417 3.4% 215%
Florida 165,291 2.0% 124%
Michigan 87,210 1.9% 68%
This is a great time to buy a home no matter where you are! Rates are low and the selection of homes is at an all time high. Even if you are having to sell, you should net a lot more than in a "normal" market. For instance, if you have to sell your house for 2% less than you anticipated you can easily find a new home for 4-5% less than normal.
E-mail us for a FREE special report, "8 secrets to saving thousands when finding and financing your next home."
Gary & Melynda Wolter-Skogman Realty
319-350-7901 wolterteam@aol,com
Licensed in Iowa since 2001
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For simply the best service for Cedar Rapids real estate call The Wolter Team! They have a "Reputation for Results! All your needs met at www.GaryWolter.com
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