Spread Favors 49ers In the Foreclosure Bowl
Super Bowl XLVI Analysis:
Spread Favors 49ers In the Foreclosure Bowl
By Joel Cone
Staff Writer
It took 17 weeks of regular season play to determine the four playoff teams fighting it out in the NFL postseason for the right of passage to what is likely to be the most watched sporting event of 2012 …Super Bowl XLVI.
Likewise, it took 12 months to determine which NFL cities will be the foreclosure champions of the year in 2011 (a dubious distinction/honor to say the least). Just like football has its polls (and the sportsbooks) to establish a spread for the eventual winner, RealtyTrac has its own polls to help determine who should win the “Foreclosure Bowl” for 2011.
Based on the four teams left standing in the NFL playoffs: New York Giants vs. San Francisco 49ers (in the NFC), and Baltimore Ravens vs. New England Patriots (in the AFC), the spread favors….
THE SAN FRANCISCO 49ERS…. for winning Super Bowl XLVI by a healthy margin based on two foreclosure metrics for metro areas.
That is without, of course, factoring in any of the usual football stats like favorite quarterback with the fans, best end zone dance combination by a wide receiver, running back with the biggest ego, field goal kicker with the longest distance, or defense with the most personal fouls in a game (for helmet to helmet contact and pass interference), etc…
When all is said and done, San Francisco wins hands down from both sides of the foreclosure scrimmage line in these informal (and unofficial) polls: 1) for the most properties with foreclosure filings for 2011; and 2) the metro foreclosure rate based on one foreclosure filing for every “X” housing units in the metro area.
San Francisco reported 40,986 properties with foreclosure filings in 2011, outdistancing its nearest competitor, New York, home to the New York Giants, which reported 33,610 properties with foreclosure filings. The Boston metro area, home to the New England Patriots, came in third highest, reporting 14,746 properties with foreclosure filings, followed by the 5,559 properties with foreclosure filings reported for the Baltimore metro area, home of the Baltimore Ravens, for all of 2011.
With one in every 42 housing units receiving a foreclosure filing last year, the coaching staff for the San Francisco metro area also dominated the game strategically from a foreclosure rate perspective. None of the other three teams came close to competing with the 49ers in this category.
Reporting one in every 125 housing units with a foreclosure filing, the Boston metro area was the next closest competitor, with the Baltimore metro area coming in with a record of one in every 200 housing units with a foreclosure filing. New York came in dead last in this category (actually a good thing in this instance), reporting a rate of one in every 222 housing units with a foreclosure filing.
For better or worse, with Super Bowl XLVI only two weeks away, the foreclosure gurus at RealtyTrac select the 49ers to win the Vince Lombardi Trophy on February 5 in Indianapolis. Check out the coverage on NBC with kickoff scheduled for 6:30 p.m. EST.