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Unemployment Causes More Foreclosures

Households in the Sun Belt states are still among the highest hit with home foreclosures. The biggest increase in this third quarter, according to RealtyTrac, was in Seattle –Tacoma-Bellevue metropolitan area with 71% more foreclosures compared to last year this time. RealtyTrac is saying the underlying problems are high unemployment rate, underemployment, toxic loans and negative equity.

From the 20 biggest metropolitan areas in the U.S., 11 of them posted year-over-year increases in foreclosures. The areas include Seattle, Chicago-Napier-Joliet with a 35% jump in home foreclosures, Houston-Sugar Land-Baytown, Texas at 26%, Detroit-Warren-Livonia, Michigan at 24% and Attanta-Sandy Springs-Marietta, GA at 20%.

Las Vegas-Paradise area has one in every 25 housing units receiving a foreclosure filing. Nationally, 930,437 households received a foreclosure filing in the third quarter, one out of every 139. The cities that had the most home foreclosures included the Miami-Fort Lauderdale-Pompano beach area, where 58,624 households received a filing for foreclosures. Los Angeles-Long Beach-Santa Ana had 48, 849 filings even though there are 30% less foreclosures compared to last year around the same time.

If you’re faced with foreclosures and need to move out, you can count on the West Palm Beach movers to do a great, professional moving job. We’re backed by four generations of movers, not to mention a family-owned company. Our local West Palm Beach moving company is licensed and insured and capable of moving just about anything. For example, the local West Palm Beach movers can move pianos, pool tables, fitness equipment and of course all the other standards that other movers can transport such as moving boxes, couches, televisions, major appliances and more. All My Sons of West Palm Beach is backed by four generations of movers and a huge network of moving offices throughout the U.S. including Nashville, San Antonio, Jacksonville, Oklahoma City, Salt Lake City and even Mexico.

For your foreclosure move, trust reliable and efficient movers to do the job right. The West Palm Beach movers will show up on time, deliver top-notch customer service and see that your residential move goes as smoothly as possible. With each move, we bring our reputable experience to help you move to your new place without any hassles, whether it’s on the 15ht floor or ground level. We’ve dealt with parking permits before, with schedule constraints, narrow doorways and more hardships that are typical with moving so you have nothing to worry about. Just get your free moving quote online and you’ll be settle in your new home in no time.