8 places facing new waves of foreclosures

Foreclosures are decreasing nationwide, but a few pockets across the country are seeing elevated levels. A handful of cities saw an increase in foreclosure starts and completions in 2012, and RealtyTrac expects that trend to continue this year.

Eight places where foreclosures are expected to stay elevated in 2013:

1. Palm Bay, Fla.
Annual percent change in foreclosure activity: 110 percent

2. Lakeland, Fla.
Annual percent change in foreclosure activity: 71 percent

3. Raleigh, N.C.
Annual percent change in foreclosure activity: 62 percent

4. Tampa, Fla.
Annual percent change in foreclosure activity: 41 percent

5. Panama City, Fla.
Annual percent change in foreclosure activity: 40 percent

6. Pensacola, Fla. (tie)
Annual percent change in foreclosure activity: 38 percent

6. Omaha, Neb. (tie)
Annual percent change in foreclosure activity: 38 percent

8. Rockford, Ill.
Annual percent change in foreclosure activity: 36 percent

Source: “20 Cities Where Foreclosure Home Sales Should Rise in 2013,” AOL Real Estate (Jan. 8, 2013)

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