"Miserable" Calif. Town Tops Foreclosure List
Stockton, California residents? Not so much. They don't want to embrace their town's new nickname: "Foreclosureville." Who would?
According to MSNBC the inland town 80 miles east of San Francisco got the name two years ago from the Los Angeles Times. It also earned the number one spot on Forbes' "most miserable cities" index, a feat typically marked with street-cred-enhancing-shout-outs on albums.
But so-called "Foreclosureville" doesn't suffer alone...Perhaps the decade-old Eminem lyrics should be re-worked: "May I have your attention please? Would the real "foreclosureville" please stand up, please stand up"? Here are 10 other cities with top foreclosure street cred...
The blog Collateral Vision posted the top 10 foreclosure counties based on records from activity in the FNC's National Collateral Database™ . They were:
- Los Angeles, California
- Maricopa, Arizona
- Clark, Nevada
- Riverside, California
- San Bernardino, California
- San Diego, California
- Miami-Dade, Florida
- Broward, Florida
- Sacramento, California
Additional counties that made appearances in the quarterly top 10 were Orange County, California; Wayne County, Michigan; and Cook County, Illinois.
Yes, there's plenty of "underwater" to go around, Slim.