Top 5 Riskiest Places for U.S. Homeowners

The recession may have spread across the global economy, but recovery efforts haven't taken the edge off the mortgage meltdown that helped start it all. In fact, many American real estate markets may be at risk of even worse declines.

Top 5 Riskiest Places for U.S. Homeowners

1. Mission, Texas
(McAllen-Edinburg-Mission metro area)
Percent Nonprime: 37.2%
Population: 725,500
Unemployment Rate: 10.1%
Foreclosure/REO Rate: 1.9%

2. Detroit, Mich.
(Detroit-Livonia-Dearborn metro area)
Percent Nonprime: 33.4%
Population: 1,958,000
Unemployment Rate: 13%
Foreclosure/REO Rate: 3.6%

3. Miami, Fla.
(Miami-Miami Beach-Kendall metro area)
Percent Nonprime: 33.4%
Population: 2,387,000
Unemployment Rate: 7.6%
Foreclosure/REO Rate: 7.3%

4. Brownsville, Texas
(Brownsville-Harlingen metro area)
Percent Nonprime: 29.6%
Population: 392,200
Unemployment Rate: 9.5%
Foreclosure/REO Rate: 1.5%

5. Merced, Calif.

(Merced metro area)
Percent Nonprime: 29%
Population: 248,400
Unemployment Rate: 18.9%
Foreclosure/REO Rate: 12.5%A
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