NuWire Investor Ranks Top 10 Foreclosure Markets for 2007

Texas dominates NuWire Investor's list of the top foreclosure markets in 2007.

Bellevue, WA (PRWEB) November 20, 2007 -- NuWire Investor, an online financial news publication, recently released its rankings of the Top 10 Foreclosure Markets for 2007.

The list was compiled from the largest 99 U.S. Metropolitan Statistical Areas according to the U.S. Census. Rankings were based on population and job growth, rental and homeowner vacancy rates, median home value and costs versus median income and the percentage change in median home price from 2006 to 2007.

Four of the cities in the Top 10 are located in Texas and several other Sunbelt cities are featured. As many of these states saw record growth during the housing bubble, they have been some of the most affected by the depressed market. Long-term investors can find bargains if they shop wisely and educate themselves in state foreclosure processes.

The Top 5 Overbuilt Markets are:

1. Fort Worth, Texas
2. San Antonio, Texas
3. Jacksonville, Florida
4. Charlotte, North Carolina
5. Austin, Texas
6. Dallas, Texas
7. Indianapolis, Indiana
8. Tucson, Arizona
9. Atlanta, Georgia
10. Denver, Colorado

To view the full rankings, visit http://www.nuwireinvestor.com/articles/top-10-foreclosure-markets-for-2007-51344.aspx

NuWire Investor provides investment news on a range of alternative investment topics, such as U.S. and international real estate, tax liens and deeds, lending, franchising and others. For more information, and to access additional analysis, research, commentary and expert interviews, see NuWireInvestor.com.

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