10 Worst Places For Foreclosures

If San Luis Obispo California is the Happiest Place to Live and Pleasanton California is one of the Best Places to Live than what are some of the places that may not be so great?

Well this next list would probably be one I wouldn't want to be on. It's the '10 Worst Cities for Foreclosures' list which was released today by CBS MoneyWatch.

Here's the scoop - RealtyTrac actually collected the data and published the list, CBS just reported on it.
And here's the list of the Worst Places in America for Foreclosures:

#1 Las Vegas - Paradise(?) Nevada

#2 Cape Coral - Fort Myers Florida

#3 Modesto California

#4 Phoenix - Mesa - Scottsdale Arizona

#5 Miami - Fort Lauderdale - Pompano Beach Florida

#6 Riverside San Bernardino Ontario California

#7 Stockton California

#8 Merced California

#9 Orlando Kissimmee Florida

#10 Vallejo Fairfield California

Here's what really strikes me first about this list - 5 of the top 10 cities for foreclosures are in California. Isn't that ironic considering we just looked at two places in California which hit two very different lists. It also goes back to a post I made a few days ago about Germany and how shocked they were to find prices varied from one city to the next in the same country. Here we have cities that are almost in the same county on opposite ends of the scale!

Back to the list and to put it in even starker reality, RealtyTrac found that in Vegas one out of every 9 'housing units' was foreclosed upon. That's almost 11% of all house in the Las Vegas metro area! WoW! I know that there are what have been referred to as the cheapest times to go to Vegas and considering the real estate market there now, it would not be a great time to buy in Nevada... or would it?

Not to belittle the stress and strain that has places on so many families but these areas might also make our 'Cheapest Places to Live' list if this trend continues. Sad but true.

When it comes to being on a 'Best Places' list this is one list you probably don't want to be on!

Source: CBS MoneyWatch.com

Pleasanton California - Best Places to Live

Later next month I have the opportunity to do some consulting for a wonderful little company in Pleasanton, California. It could be considered a contender for the best place to live in California for some but not to me. I've been there before, a number of times actually, but I wanted to brush up a little on the town - I always like to have a little geography and history about a place I'm going. I believe it helps me tap into the energy of the place before I ever get there.

Anyhow, my reading today revealed some information I never knew before. One thing that jumped out at me is the Pleasanton was on CNN Money Magazine's list of The Best Places to Live in 2010. That of course is the Best Places to Live in America. Another interesting fact is that a few years back Pleasanton was ranked the wealthiest middle-sized city in the United States by the Census Bureau. The one list I don't think we could put Pleasanton on though is - the cheapest cities to live in California!

As for geography Pleasanton is located in the San Francisco Bay area 25 miles east of Oakland. Pleasanton has a sister city right next door called Dublin.

Info Source: Wikipedia