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Top 5 cities with the fewest foreclosures

2. Corvallis, Ore. – 1.3%

Andy Cripe/Gazette-Times/AP/File
A team of mechanical engineering seniors and their graduate student mentor talk to a reporter March 10, 2011, about the barley malter they designed and constructed to talk to the media at Oregon State University in Corvallis. The city has the second-lowest foreclosure rate in the US.

  • By Aaron Couch Contributor

With wineries, a farmers market, and a thriving arts scene, Corvallis is known for attracting tourists to its Da Vinci Day’s festival, which showcases local culture. Only 1.3 percent of the area’s homes are in foreclosure. But a subset of those homes – those with subprime mortgages – have a 9.5 percent foreclosure rate.

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