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78 Vermont RANK: 12 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate AUGUST 2015 1.14% 2.03% 3.6 YEAR AGO 1.64% 2.46% 4.1 YEAR-OVER-YEAR CHANGE -30.1% -17.3% -0.5 Top County FRANKLIN COUNTY 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2015 2.18% 3.84% YEAR AGO 2.58% 4.06% YEAR-OVER-YEAR CHANGE -15.6% -5.4% Top Core-Based Statistical Area RUTLAND, VT 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2015 1.34% 2.96% YEAR AGO 1.99% 3.59% YEAR-OVER-YEAR CHANGE -33.0% -17.4% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the August 2015 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary August 2015 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Illinois RANK: 17 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate AUGUST 2015 1.67% 1.76% 5.6 YEAR AGO 2.28% 2.56% 6.5 YEAR-OVER-YEAR CHANGE -26.7% -31.4% -0.9 Top County MASON COUNTY 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2015 2.92% 4.26% YEAR AGO 5.37% 4.01% YEAR-OVER-YEAR CHANGE -45.7% 6.3% Top Core-Based Statistical Area LINCOLN, IL 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2015 2.51% 3.74% YEAR AGO 3.58% 4.23% YEAR-OVER-YEAR CHANGE -29.9% -11.7% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the August 2015 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary August 2015 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Indiana RANK: 19 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate AUGUST 2015 1.98% 1.65% 4.6 YEAR AGO 2.61% 1.87% 5.8 YEAR-OVER-YEAR CHANGE -24.2% -12.0% -1.2 Top County MIAMI COUNTY 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2015 2.18% 3.46% YEAR AGO 2.90% 3.11% YEAR-OVER-YEAR CHANGE -25.1% 11.2% Top Core-Based Statistical Area PERU, IN 90+ Day Foreclosure Delinquency Rate Rate AUGUST 2015 2.18% 3.46% YEAR AGO 2.90% 3.11% YEAR-OVER-YEAR CHANGE -25.1% 11.2% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the August 2015 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary August 2015 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. IN THE NEWS Investors Must Consider Prices, Job Market, and Yield When Seeking SFR Properties When deciding to purchase a property, investors must consider a number of things including home prices, gross rental yield, and job growth within housing markets. ese factors influence their decision when looking to buy a home. Research from HomeUnion, an online real-estate investment management firm, enabling value investing in single-family rental properties, ranked the top 10 U.S. markets where investors can "affordably and prudently" buy rental properties. e data, which examined 55 of the largest metro areas across the country to determine the best markets for single-family home inves- tors looking at median price, average gross rental yields, year-over-year job growth, and home affordability, showed that the top invest- ment market is Charlotte, North Carolina due to its strong job growth. In addition to having the highest job growth rate of any of the top 10 cities, Char- lotte had the third best job-growth rate of the top 55 MSAs and ranked 21st in investment home price and 27th in gross rental yield. Orlando, Florida and Baltimore, Maryland held the second and third spots on the top 10 list, the report found. "Like any other investment, the focus for SFR investors should be on long-term rate of return and each of the markets on this list has favorable rental yields, low-cost entry points and solid, long-term economic fundamentals," said Don Ganguly, CEO of HomeUnion. According to HomeUnion, Nashville, Tennessee ranked concluded the list, ranking 14th in job growth, 23rd in investment home price, and 21st in gross yield rank. Nashville had the highest median investment sales price at $125,000 among the top 10 metros. e lowest median investment sales price were found in Birmingham, Alabama and Cincinnati, Ohio at $70,000, which were the 4th and 5th markets of the 55 markets exam- ined, the data showed. e highest gross rental yield was observed in Milwaukee, Wisconsin at 20.7 percent. "Nationally, macro-economic factors, such as lower homeownership rates, are quite favor- able for SFR investing, but real estate is still all about location and finding accessible markets that have low entry points, like Cincinnati and Birmingham, or high gross rental yields, like Milwaukee." "Places like San Francisco, Miami or Brooklyn are not on our list, because home- owners—who have different motivations than investors—have driven up prices in those markets to the point where cap rate and gross yield calculations simply don't make sense for investors," Ganguly noted. "Likewise, many of the sand state markets, like Las Vegas and Phoenix aren't on the list because institutional investors have absorbed much of the distressed inventory and raised the barriers of entry for smaller, retail players." HomeUnion's Top 10 SFR Investment Markets: 1. Charlotte-Concord-Gastonia, North Carolina-South Carolina 2. Orlando-Kissimmee-Sanford, Florida 3. Baltimore-Columbia-Towson, Maryland