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Foreclosures in Riverside County Lys Mendez UP206A Midterm Presentation.

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Presentation on theme: "Foreclosures in Riverside County Lys Mendez UP206A Midterm Presentation."— Presentation transcript:

1 Foreclosures in Riverside County Lys Mendez UP206A Midterm Presentation

2 Top 10 Foreclosure regions of 2009 1. Las Vegas, NV 2. Cape Coral- Fort Myers, FL 3. Merced, CA 4. Riverside-San Bernardino-Ontario, CA 5. Stockton, CA 6. Modesto, CA 7. Orlando-Kissimmee, FL 8. Phoenix-Mesa-Scottsdale, AZ 9. Port St. Lucie, FL 10. Miami-Fort Lauderdale- Pompano Beach, FL Source: Forbes Magazine Television crews cover City of Perris’ efforts to paint green grass on foreclosed homes. Perris code enforcement officers inspect foreclosed home. Pictures from Riverside Press-Enterprise

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4 4. Riverside County, Calif. With negative equity $1-$9,999: 538 With negative equity $10,000-$49,999: 1,563 With negative equity $50,000-$99,999: 752 With negative equity beyond $100,000: 309 Percent entering foreclosure with negative equity: 18.7% YearTotal homes 20021,703 2003849 2004349 2005317 20061,779 200712,535 200832,620 200925,552 201020,712 Housing boom, housing bust Riverside County foreclosure numbers A family of bobcats moves into a foreclosed home in Lake Elsinore.

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8 Impact of foreclosures on schools

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12 Skills Used Inset map Point or line graduated symbols Aggregating attribute fields Attribute sub-set selection Boundary sub-set selections Buffering Geoprocessing Charts, Graphs, Images Create index Next steps Demographical analysis of foreclosures Changes in land use during housing boom Spatial relationship between sub-prime lending and foreclosures Analysis of foreclosure recovery Resources near high-foreclosure areas


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