In recent years, foreclosure numbers have dropped slightly, especially in specific metro areas in the state of Tennessee. For individuals in Davidson County, overall foreclosure numbers may not be representative of personal financial issues, especially if someone has lost a job, faced medical hardships, lost a spouse or gone through divorce. According to quarterly statistics for another metro area in the state, foreclosure information is a mixed bag.
The statistics indicate that foreclosures are down year over year in the first quarter for the area. Both commercial and residential foreclosure numbers are lower for the first quarter 2014 than they were for 2013. Residential foreclosures in the metro area are down by 24 percent, according to reports.