These 40 Cities Are on the Brink of a Housing Crisis

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7. Cleveland

Percentage of mortgages underwater: 25.9%

Median home value: $55,900

With 1 in every 832 homes in foreclosure, Cleveland has the second-highest foreclosure rate in the study, behind Columbia. More alarming is that more than a quarter of Cleveland’s homes have negative equity. Cleveland’s median home value of $55,900 is four times less than the current U.S. median of $226,300, according to Zillow.

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6 thoughts on “These 40 Cities Are on the Brink of a Housing Crisis”

  1. unfortunate news. Trump’s “booming economy” is a f’in lie. In fact, basically everything the White House says is a self serving scam or out right falsehood. Dump Trump NOW! make America Great Again!

    1. Richard D Bowman

      Aurora’s problems reflect the democratic control of Illinois’ legislature. Illinois has a poor business climate. Caterpillar’s decided to move manufacturing out of its Aurora facility. And Illinoisians are leaving in droves because of high taxes.

    2. Richard D Bowman

      Sorry, Trump has done more for business than the preceding president. Gasoline prices are at very low prices. We can’t afford another democratic socialist president.

  2. This started way before Trump got elected into office. It was the banks that loaned to people who should not have gotten mortgages. They also approved mortgages for way more than buyers should have been granted. Peoples spending habits are way out of line and they cannot make thier mortgage payments. No ones faullt but the buyers.

  3. THE REAL AMERICAN

    8 yrs of give it all away,sit on ur ass and watch the real back bone of this america do the work for the slug’s that obama fed and groomed that put him on his selfish podium, BRAVO!!!!

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