How Michigan Foreclosures Compare to Other States

Real Estate Agent with Ann Arbor Market Center Keller Williams 242301

We have moved down off the top of the Realty Trac Foreclosure Rate Heat Map: Find Ann Arbor Foreclosure Deals.

Nevada, Arizona, California post top state foreclosure rates
Nearly 5 percent of all Nevada housing  units (one in 21) received at least one foreclosure filing in the first half of  2011, giving Nevada the nation's highest foreclosure rate during the six-month  period despite continued decreases in foreclosure activity. A total of 53,217 Nevada properties  received a foreclosure filing from January to June, a decrease of 17 percent  from both the previous six months as well as from the first six months of 2010.  Overall Nevada  foreclosure activity decreased on a year-over-year basis for the fifth straight  month in June despite a 19 percent year-over-year spike in REO activity. (Source RealtyTrac) 

The chart shows where Michigan fares.  Here is the last report from Washtneaw County for Foreclosures filed

Foreclosure Activity Counts - U.S.

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Comments (6)

Nick T Pappas
Assoc. Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, Broker/Providence Property Mgmnt, LLC Huntsville AL - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Kathy, congrats for getting off the top of the foreclosure list.  I thought this was a very informative map at a glance.  I was pleased to see that Alabama's foreclosure rate was relatively low.

Jul 20, 2011 01:02 PM
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

Glad you moved on down that list. I hope it gets even better from here.

Jul 21, 2011 09:43 AM
Kathy Toth
Ann Arbor Market Center Keller Williams - Ann Arbor, MI
Ann Arbor Real Estate Experts - Kathy Toth Team

Nick and Will, thanks for noticing the Michigan is returning to health and GO BLUE!

Jul 23, 2011 05:58 AM
Terri Poehler
Realtor - Coral Springs, FL
Coral Springs Real Estate Agent

Kathy, good job putting this together. I want to move down too!

Jul 24, 2011 08:17 AM
Paul Gapski
Berkshire Hathaway / Prudential Ca Realty - El Cajon, CA
619-504-8999,#1 Resource SD Relo

yes they look so nice but Foreclosures are such tough on to stomach.

Nov 25, 2011 04:12 PM
Kathy Toth
Ann Arbor Market Center Keller Williams - Ann Arbor, MI
Ann Arbor Real Estate Experts - Kathy Toth Team

Terri, you will lose traction on this trend too!  Paul, it is tough to stomach!

Nov 26, 2011 04:37 AM