The Top 10 Foreclosure States (as of August)
RealtyTrac has released its U.S. Foreclosure Market Report for August.
From RealtyTrac, via The Real Estate Bloggers:
Foreclosure filings—default notices, auction sale notices and bank repossessions—were reported on 303,879 U.S. properties during the month, a 12 percent increase from the previous month and a 27 percent increase from August 2007. The report also shows one in every 416 U.S. households received a foreclosure filing during the month.
Which states have the highest foreclosure rates?
- Nevada: 1 in 91 homes
- California: 1 in 130 homes
- Arizona: 1 in 182 homes
- Florida: 1 in 194 homes
- Michigan: 1 in 332 homes
- Georgia: 1 in 422 homes
- Ohio: 1 in 444 homes
- Colorado: 1 in 452 homes
- Illinois: 1 in 483 homes
- Indiana: 1 in 522 homes
Tags: real estate | housing market | housing | foreclosures
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Reader Comments
And your point is...
Only 2.4% equals 97.6% still paying their bills. How is this a "Once-in-a-Century Crisis"?
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