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Warwick Foreclosure Listings

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Warwick, Rhode Island: Foreclosure Rates are Decreasing

In Warwick, Rhode Island, there are homes that are put on foreclosure listings this year. Currently, 1 out of every 1,118 homes received foreclosure filings in August of 2010. Market values of homes have received a slight increase from the low of $116,000 of the 1st quarter of 2010. Since this is a predominately home owned area, the place is a good one for living and it is a great place for commuting to work in other larger areas. With the current unemployment rate of 6.9%, there are more jobs available outside of the city. Of the 35,860 existing households, about 600 are under foreclosure and another 1,016 are for sale.