The coronavirus, which has vulnerabilities, is concentrated in northeastern markets

According to Attom Data Solutions, Connecticut, New York, New Jersey, Pennsylvania, Maryland and Delaware are home to 32 of the 50 largest US states most vulnerable to the economic effects of the pandemic.

Attom's third quarter coronavirus report ranked 487 counties based on the percentage of properties receiving foreclosure notices, the total number of underwater units in each, and the percentage of local wages required to pay the home at average price.

A quartet of metro areas had four or more of the 50 hardest hit boroughs. In addition to Orange County, New York (No. 47), New York City had the counties of Bergen (19), Essex (8), Passaic (3) and Sussex (5) in New Jersey. Baltimore was made up of Maryland Counties Carroll (22), Anne Arundel (24), Baltimore (34) and Howard (38).

Philadelphia had Bucks County, Pennsylvania (31) while counties Gloucester (10), Camden (16) and Burlington (26) were drawn in New Jersey. Eventually, Maryland Counties Charles (1), Prince George & # 39; s (29) and Frederick (46), as well as Spotsylvania County, Va. (27), were tied to the nation's capital.

McHenry County, Illinois (2), Atlantic County, New Jersey (4), Litchfield County, Connecticut (6), Sussex County, Del (7), and Middlesex County, Connecticut (9) filled the rest of the top 10.

Only four counties from western states made the top 50 most vulnerable lists. These included counties of Humboldt (20), Chico (23) and Redding (45) in California and Hilo (37) in Hawaii.

"As prices continue to rise, bags across the country are at greater risk of falling, particularly in and around the northeast," said Todd Teta, chief product officer of Attom, in the report. "There is great uncertainty ahead of us, especially if another wave of the virus hits. We will continue to closely monitor house prices and sales patterns to see if, how and where the pandemic is rocking local markets."

For the entire 487 county record, Los Angeles County, California, Cook County, Illinois, and Maricopa County, Arizona had the most foreclosure petitions. Meanwhile, Peoria County, Illinois, St. Tammany County, La., And Tazewell County, Illinois had the highest foreclosure percentages.

Cook and Maricopa, followed by Cuyahoga County, Ohio, led the total underwater lots. The largest underwater proportions came from the counties Muscogee and Lowndes in Georgia, closely followed by Peoria County.

The highest median home prices were in the San Mateo and San Francisco counties of California and New York Counties, all of which exceeded $ 1.4 million. Similarly, California's Marin and Santa Cruz counties, followed by Kings County, New York, had the highest percentage of the income needed to buy a home.

"While we are unlikely to return to the historically high foreclosure activity we saw during the Great Recession, it is almost certain that the number of defaults will increase after the foreclosure moratoria and the CARES law are lifted and the leniency program expires" said Rick Sharga, executive vice president of RealtyTrac. "It is also likely that foreclosures will focus on markets where there is a dual trigger – for example, persistently high unemployment rates and homeowners with their loans underwater."

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