10 Areas With Zero Foreclosures in the Last Year

Before you go, we thought you'd like these...
Foreclosure signThough the number of foreclosures nationwide is finally coming down, they still remain a stain on local housing markets and a reminder of the bust that ravaged the country. It's been such a widespread problem that you may wonder: Is there anywhere that doesn't have any foreclosures? We're glad you asked -- because, yes, there are.

We hear a lot about the best cities to buy foreclosures, but these 10 areas aren't among them. That's because in the last year, there hasn't been a single foreclosure in any one of them, according to online foreclosure marketplace RealtyTrac. All of these areas are sparsely populated, mostly rural regions. That's the main reason there aren't any foreclosures, said RealtyTrac vice president Daren Blomquist.

"It is rare to have absolutely no foreclosures in a county over the course of a year. Even in a healthy housing market the law of averages dictates that a few homeowners will be struggling," Blomquist said. "I would say the primary reason that most of these areas had zero foreclosures is simply because they are relatively small, probably largely rural counties with not as much opportunity for foreclosure, and where a higher percentage of homeowners own their homes outright and don't have any mortgage that could be foreclosed on."

Jealous? Don't be. Only one of these areas has a population of more than 10,000. What would you do with your Saturday night? Click through the gallery below to see 10 areas where there have been zero foreclosures in the last year.

11 PHOTOS
10 Areas Where There Are Zero Foreclosures
See Gallery
10 Areas With Zero Foreclosures in the Last Year

Population: 13,741
Number of housing units: 5,096

Find homes for sale in Virginia, or search listings in your area.

Photo: Google Maps

Population: 7,616
Number of housing units: 3,958

Find homes for sale in West Virginia, or search listings in your area.

Photo: Wikimedia Commons

Population: 4,262
Number of housing units: 2,381

Find homes for sale in Wisconsin, or search listings in your area.

Photo: Wikimedia Commons

Population: 7,691
Number of housing units: 4,388

Find homes for sale in Arkansas, or search listings in your area.

Photo: Wikimedia Commons

Population: 4,709
Number of housing units: 2,399

Find homes for sale in Colorado, or search listings in your area.

Photo: Wikimedia Commons

Population: 1,728
Number of housing units: 975

Find homes for sale in Colorado, or search listings in your area.

Photo: Google Maps

Population: 7,809
Number of housing units: 3,541

Find homes for sale in Kansas, or search listings in your area.

Photo: Google Maps

Population: 6,167
Number of housing units: 2,631

Find homes for sale in Nebraska, or search listings in your area.

Photo: Wikimedia Commons

Population: 4,877
Number of housing units: 2,771

Find homes for sale in Kansas, or search listings in your area.

Photo: Google Maps

Population: 3,117
Number of housing units: 2,047

Find homes for sale in Kansas, or search listings in your area.

Photo: Google Maps

of
SEE ALL
BACK TO SLIDE
SHOW CAPTION +
HIDE CAPTION

See also: Zombie Foreclosures: Borrowers Hit With Debts That Won't Die
Homebuyers Camp Out for Chance at New House


More on AOL Real Estate:
Find out how to
calculate mortgage payments.
Find foreclosures in your area.
Find homes for rent in your area.

See celebrity real estate.


Real Estate Market Recovery?
Read Full Story

Find a Home

Buy
Rent
Value
Powered by Zillow

People are Reading