Submitted by lvvadmin on Thu, 01/28/2010 - 01:18
photo by flipchip • lasvegasvegas.com
Foreclosure signs have sprouted like weeds across the Las Vegas landscape
It isn't much of a surprise, but at five times the national average, Las Vegas had the highest foreclosures of any city in the country for 2009.
That amounts to 1 out of 8 homeowners.
Number two was Cape Coral in Florida, with the next three being California cities Merced, Riverside, and Stockton.
The lowest foreclosure rate was in Burlington, Vermont.
