Special Report

This Is the Most At-Risk Housing Market in America

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50. Harnett. Harnett, North Carolina
> Location: Dunn, NC metropolitan area
> Median home sale price: $212,500 ( +16.4 1-yr. increase)
> Typical homeownership costs as a share of median income: 28.1%
> Homes with underwater mortgages: 2,178 (12.9% of homes w/ loans)
> Homes with foreclosure filings: 21

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49. Saint Lucie. Saint Lucie, Florida
> Location: Port St. Lucie, FL metropolitan area
> Median home sale price: $255,000 ( +18.6 1-yr. increase)
> Typical homeownership costs as a share of median income: 32.2%
> Homes with underwater mortgages: 7,296 (9.8% of homes w/ loans)
> Homes with foreclosure filings: 67

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48. Ascension. Ascension, Louisiana
> Location: Baton Rouge, LA metropolitan area
> Median home sale price: $220,000 ( +0.5 1-yr. increase)
> Typical homeownership costs as a share of median income: 19%
> Homes with underwater mortgages: 4,115 (19.1% of homes w/ loans)
> Homes with foreclosure filings: 28

47. Chesapeake City. Chesapeake City, Virginia
> Location: Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area
> Median home sale price: $285,000 ( +16.3 1-yr. increase)
> Typical homeownership costs as a share of median income: 31%
> Homes with underwater mortgages: 10,626 (19% of homes w/ loans)
> Homes with foreclosure filings: 20

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46. Kendall. Kendall, Illinois
> Location: Chicago-Naperville-Elgin, IL-IN-WI metropolitan area
> Median home sale price: $247,945 ( +30.5 1-yr. increase)
> Typical homeownership costs as a share of median income: 39.7%
> Homes with underwater mortgages: 4,117 (13.7% of homes w/ loans)
> Homes with foreclosure filings: 9

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