Monday, February 18, 2013

States Battling the Highest Foreclosure Rates / Realtor Magazine

Foreclosures are falling nationwide, but some states are still facing high foreclosure rates.

For the fifth-straight month in a row, Florida has the highest foreclosure rate in the nation, according to RealtyTrac’s latest January report. Florida had more than twice the national average of foreclosure filings, which are up 20 percent year-over-year in that state.

The following 10 states with the highest foreclosure rates in January:
Florida: 1 in every 300 housing units had a foreclosure filing
Nevada: 1 in every 344
Illinois: 1 in every 375
Arizona: 1 in every 501
Georgia: 1 in every 513
Ohio: 1 in every 612
Washington: 1 in every 674
California: 1 in every 753
Indiana: 1 in every 784
Michigan: 1 in every 837

Read More... | Realtor Magazine:

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