(Article updated with new information on the report from RealtyTrac showing that foreclosures rose in 75% of top U.S. metro areas.)
NEW YORK (
) -- Foreclosures is a trending search topic today following RealtyTrac's report that foreclosures rose in 75% of top U.S. metropolitan areas in the first half of 2010.
The real estate data company put out its midyear 2010 metropolitan foreclosure market report showing Florida, California, Nevada and Arizona had the highest metro foreclosure rates. Florida had the most with nine of the top 20 and California had eight.
"The fragile stability achieved in many local housing markets hinges on improvements in the underlying economy, specifically job growth. If unemployment remains persistently high and foreclosure prevention efforts only delay the inevitable, then we could continue to see increased foreclosure activity and a corresponding weakness in home prices in many metro areas," said James Saccacio, CEO of RealtyTrac.
Homeowners shouldn't expect sustained home price gains until 2013.
iPod Nano is a hot search topic today after Japan's industry ministry asked
to address the issue that some of the older models of the iPod Nano could catch on fire while being charged.
Apparently the Ministry of Economy, Trade and Industry of Japan is aware of 27 incidents in which the music player caught on fire or overheated.
An Apple Japan spokesman has said that the company is taking the request seriously and intends on cooperating with the ministry.
Recall" is a trending search on
today following the auto company's announcement that it intends to recall approximately 373,000 of its 2000-2004 Model Year Toyota Avalons in the U.S. because the steering lock bar in these vehicles could break under certain conditions.
"Toyota is continuing to work diligently to address safety issues wherever they arise and to strengthen our global quality assurance operations so that Toyota owners can be confident in the safety of their vehicles," said Steve St. Angelo, Toyota chief quality officer for North America.
Toyota will start sending letters out to the recalled vehicle owners in late August 2010 and will replace the steering column bracket on involved vehicles at no charge to the customer.
"SB1070 "and "Arizona law" are trending search topics on Google today, following Judge Susan Bolton's decision yesterday to put the most controversial aspects of the Arizona immigration law SB1070 on hold.
U.S. District Judge Susan Bolton suspended four parts of the law, including the section that required officers to check an individual's immigration status, as well as the part that required immigrants to carry their papers at all times. These aspects of the law will be held up until they are completely are resolved by the courts.
The law was signed by Governor Jan Brewer in April and was meant to discourage illegal immigrants from entering or remaining in Arizona.
The aspects of the law that Judge Bolton did not suspend are scheduled to go into effect today.
has been a trending search topic on the Internet since the company introduced three new motorcycle models for 2011 within the Sportster, Softail and Touring families yesterday.
The new model prices range from the SuperLow, in the Sportster, family starting at $7,999; to the CVO Ultra Classic Electra Glide, in the Touring family, starting at $36,499.
The motorcycle company recently announced that it has opened its first three dealerships in India and has plans to launch two more in 2010.
are up today more than 0.25% a little below $27.50.
The chatter on Main Street (a.k.a. Google) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on Google, and highlights the news that could make stocks move.
-- Reported by Theresa McCabe in Boston.
Follow Theresa McCabe on
and become a fan on
Copyright 2010 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. AP contributed to this report.