Low default rates in Lubbock - KCBD NewsChannel 11 Lubbock

4/23/09

Low default rates in Lubbock

LUBBOCK, TX (KCBD) - Great news for Hub City homeowners - Lubbock's default rate is among the lowest in the nation.

A recent study by Realtytrac shows Lubbock has the 17th lowest percentage of housing units in default. That means that less than one percent of Lubbock homes have a notice of default.

The worst city is Las Vegas, Nevada, with more than 4% of its housing units in default, and the absolute best is Burlington, Vermont.

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