Foreclosure Estimates, USA by County, June 2008

"Estimates of foreclosures based on a formula that calculates the rate of foreclosure starts over the past 18 months as a function of County or Place Level unemployment rate as of June 2008 from the Bureau of Labor Statistics Local Area Unemployment Rate data."

"HUD has identified data collected by other federal agencies that prove to be good predictors of where foreclosures are likely. HUD has used those data to “distribute” the statewide counts of foreclosure starts among the neighborhoods, places, and counties within each state"

This section shows information about this dataset's attributes
Attributes Range Median Mean Std. Dev.
sta Text column (no statistics available)
county_sta Text column (no statistics available)
Name Text column (no statistics available)
ofheo price change
 
-0.41  to  0.00
0.00 -0.01 0.03
a measure of price decline in home values that uses data from the Office of Federal Housing Enterprise Oversight (OFHEO) Housing Price Index (HPI) to calculate price decline from peak value in the second quarter of any year between 2000 and 2008 and the second quarter home price in 2008.
total 2004 to 2006 HMDA loans
 
0  to  1227580
1433 10619.44 42082.29
Total number of conventional loans made between 2004 and 2006 according to data from the Home Mortgage Disclosure Act
estimated 90 day vacancy rate
 
-1.00  to  27.78
3.10 3.76 3.23
addresses vacant 90 days or longer divided by total addresses times 100.
countycode
 
1001  to  56045
29181 30420.44 15149.83
statecount Text column (no statistics available)
x
-170.27  to  -67.64
-90.37 -92.23 12.84
estimated hicost loan rate
 
-1.00  to  100.00
28.83 30.07 10.44
percent of loans made between 2004 and 2006 shown to be high cost according to HMDA data.
estimated foreclosure rate
 
-1.00  to  33.33
4.76 4.92 2.16
number of foreclosure starts divided by number of mortgages times 100.
County_B Text column (no statistics available)
y
19.60  to  69.31
38.37 38.45 5.28
bls unemployment rate
 
1.32  to  23.83
5.55 5.77 2.08
June 2008 place or county unemployment rate. If unemployment data available for a place, the place level unemployment rate is used. For places and balance of county place level unemployment data unavailable, the county level unemployment rates is used.
estimated number foreclosures
 
0  to  88606
151 930.89 3820.36
HUD model, estimated count of foreclosure starts over 18 months through June 2008. Note caveats above.
countyname Text column (no statistics available)
county
 
1  to  840
79 103.78 108.01
Pop2000
 
67  to  9519338
24621 89651.95 292547.09
total residential addresses
 
0  to  3336160
9643 37976.63 116835.64
United States Postal Service Data on total addresses as of June 2008
Pop2001
 
64  to  9666193
24976 90923.25 297012.87
hhuniv
 
30  to  3136279
9322 33616.97 104301.37
County_s_2 Text column (no statistics available)
Area
 
1.73  to  147044.47
626.92 1142.56 3669.59
State Name Text column (no statistics available)
total hicost 2004 to 2006 HMDA loans
 
0  to  300973
425 2621.96 11221.41
Total number of conventional loans made between 2004 and 2006 where Home Mortgage Disclosure Act where the rate spread is 3 percentage points above the Treasury security of comparable maturity.
total 90 day vacant residential addresses
 
0  to  93209
332 1225.50 3988.31
United States Postal Service data from June 2008 on residential addresses vacant 90-days or longer.
estimated number mortgages
 
0  to  1364390
3198 19305.56 61976.32
HUD estimated number of mortgages as described above.
Pop00 Sqmi
 
0.00  to  67453.80
41.80 242.84 1720.06
CountyJoin Text column (no statistics available)
StateABB Text column (no statistics available)
state
1.00  to  56.00
29.00 30.32 15.13