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Raleigh-Cary, North Carolina #8 on Lowest Risk Metro Market for Foreclosures

Again Raleigh-Cary makes the list on "The Real Estate Bloggers" at #8! Read the article below:

Top 10 Lowest Risk Metropolitan Markets For Foreclosures

September 10th, 2008 • RelatedFiled Under Filed Under: Foreclosure

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The media, and this site included, tends to highlight the regions where foreclosures are most prevalent. I guess it is human nature to obsess on the negative, but today we will bring in some sunshine!

These 10 cities have the lowest risk of foreclosure in the country out of the 100 major metro areas. While the cities will probably seem like middle American outposts to those from the coasts, the difference between the highest foreclosure risk metro areas and these is amazing.

You can see where, to use Greenspan's famous line, irrational exuberance went wild and lending standards fell to the wayside. Maybe the folks in flyover country are onto something...

Top 10 Lowest Risk Metropolitan Markets For Foreclosures

  1. Dayton, OH
  2. Indianapolis-Carmel, IN
  3. Austin-Round Rock, TX
  4. Omaha-Council Bluffs, NE-IA
  5. Wichita, KS
  6. Louisville/Jefferson County, KY-IN
  7. Charlotte-Gastonia-Concord, NC-SC
  8. Raleigh-Cary, NC
  9. Gary, IN
  10. McAllen-Edinburg-Mission, TX
Posted Friday Sep 12