More Thursday Morning: Welcome to Foreclosureville, California

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We like lists and statistics, so we like this item from the Inman.com blog: Highest foreclosure rates among U.S. metro areas in May, according to RealtyTrac... (drum roll, etc.) ...

And the loser is... Stockton, Calif., with a rate 7.5 times the national average.

From Inman.com: ‘Six of the top 10 metro areas with high foreclosure rates are in California, RealtyTrac reports, including all of the top three (which are within 70 miles of each other in California’s Central Valley). Foreclosure activity was up 350% in California in May.’

‘Here’s a rundown on the metro areas with the highest rate of foreclosure filings:
1 Stockton, Calif. (1 in 88 households)
2 Merced, Calif. (1 in 100 households)
3 Modesto, Calif. (1 in 118 households)
4 Las Vegas
5 Riverside-San Bernardino, Calif.
6 Vallejo-Fairfield, Calif.
7 Sacramento, Calif.
8 Denver, Colo.
9 Detroit, Mich.
10 Miami, Fla.’

Photo Credit: Inman.com