MEMPHIS, Tenn. (AP) -- Shelby County is one of the hardest hit areas in the state for home foreclosures.
Real estate experts say the county is now starting to see the problem move beyond depressed neighborhoods and into affluent areas, such as Cordova.
RealtyTrac, an online marketer of foreclosure properties, compiled the 500 top ZIP codes for foreclosures and found 13 in Tennessee -- all of them in Memphis except for one listed as Cordova, according to CNNMoney.com.
(Copyright 2007 by The Associated Press. All Rights Reserved.)
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to email@example.com. Please provide detailed information.