Posted on 18 June 2010. Tags: American automobile industry, Ariz., Atlantic City, Calif., California, capital of the U.S. state of California, Chicago, condo buildings, current mortgage, Delinquency rate, Detroit, finance, Fla., Florida, Foreclosure, Fresno, Global Financial Centers, high-rise condo buildings, international banks, international trade, largest city in New Jersey, Las Vegas, Los Angeles, Miami, Mich., mortgage defaults, Mortgages, Mortgages in foreclosure, N.J., Nev., Nevada, Newark, Pensacola, petroleum extraction and refining, Phoenix, real estate investor apprenticeships, real estate markets, Reno-ites, REO, Sacramento, science, Southwestern United States, Southwestern United States Phoenix, technology, The City of Angels, traditional automotive
Number of Americans fails to make mortgage payments are raising alarmingly. No matter how the media reports it. Here are the facts and figures obtained from different resources which give you insight about current mortgage defaults.
13 b : Miami, Fla. (The Worst)
Miami is a well-known global city due to its importance in finance, commerce, culture, fashion, print media, entertainment, the arts and international trade. An international center for popular entertainment in television, music, fashion, film, and the performing arts, home to the largest concentration of international banks in the United States
The city's Port of Miami is the number one cruise/passenger port in the world
Delinquency rate: 28.8%
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Posted in US foreclosures