States with the highest foreclosure rates in 2011

By
Real Estate Broker/Owner with Realty Empire Incorporated
https://activerain.com/droplet/k52

Highest Foreclosure states

Foreclosure filings, defined as a default notice, auction sale notice, or bank repossession show a 4 percent decrease in July from June, and a 35 percent decrease from the same period a year ago, according to RealtyTrac's July 2011 Foreclosure Market Report.

10. Wisconsin

Rate: One in every 571 households

Change from June 2011: 43.34%
Change from July 2010: -8.11%

9. Illinois

Rate: One in every 498 households

Change from June 2011: -3.51%
Change from July 2010: -45.79%

8. Idaho

Rate: One in every 417 households

Change from June 2011: -17.49%
Change from July 2010: -42.02%

7. Michigan

Rate: One in every 417 households

Change from May 2011: -15.67%
Change from June 2010: -42.15%

6. Florida

Rate: One in every 396 households

Change from June 2011: -5.86%
Change from July 2010: -56.60%

5. Utah

Rate: One in every 933 households

Change from May 2011: -21.13%
Change from June 2010: -34.50%

4. Georgia

Rate: One in every 355 households

Change from June 2011: 17.97%
Change from July 2010: -8.87%

3. Arizona

Rate: One in every 273 households

Change from June 2011: -24.91
Change from June 2010: -38.04

2. California

Rate: One in every 239 households

Change from June 2011: 3.89%
Change from July 2010: -16.02%

1. Nevada

Rate: One in every 115 households

Change from June 2011: -0.77%
Change from July 2010: -27.66%

 

Posted by

 

Stephanie Leon

Real Estate Broker
Realty Empire

6625 Miami Lakes Dr.
Miami Lakes, FL 33014

Contact me at:
786-664-7710
SLeon@RealtyEmpire.net

 

 

                        

  

 

All Rights Reserved. Copyright 2010-2018 Stephanie Leon Realty Empire 

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Bonnie Vaughan 09/22/2011 05:37 PM
Location:
Florida Miami-Dade County Miami Lakes
Tags:
foreclosure
stephanie leon
foreclosure rates 2011
highest foreclosure states

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Rainmaker
1,165,284
Chuck Carstensen
RE/MAX Results - Elk River, MN
Minnesota Real Estate Expert

It seems like there are less listings coming out but still a lot of notices in the paper. Overall they seem down in MN as well.

Sep 22, 2011 05:18 PM #1
Rainer
241,548
Mike and Adie Realtors
(909) 476-9600 www.WeLoveMorenoValley.com - Moreno Valley, CA
Realty Masters & Associates

The NOD's in California are staying steady but the Banks are slow to foreclosure on the property.  Their are more distressed properties then the "reports" are saying. We will bounce back. Great article.

Sep 22, 2011 05:34 PM #2
Rainmaker
729,323
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I recently read that Chicago has more foreclosure houses than any other city. Las Vegas and Los Angeles are only too happy to yield that distinction.

Sep 22, 2011 05:35 PM #3
Rainmaker
1,143,971
David Shamansky
US Mortgages - David Shamansky - Highlands Ranch, CO
Creative, Aggressive & 560 FICO - OK, Colorado Mtg

We Will bounce back. Dont listen to all the BS and propaganda shoved down our throats. THERE ARE PLENTY of OPPORTUNITY'S out there/ Look at prices and rates? You can buy twice as much house as you could 5 yrs ago during the BOOM?

Sep 22, 2011 05:50 PM #4
Rainmaker
246,910
James Muhammad
RE/MAX Champions - Upland, CA
RE/MAX Champions

Stephanie this is great information. I'm not surprised that the top 3 states are on the west coast. I know for California the foreclosure rate is coming down a little. Thank for sharing!

Sep 22, 2011 05:51 PM #5
Rainmaker
375,616
Lloyd Binen
Certified Realty Services - Saratoga, CA
Silicon Valley Realtor since 1976; 408-373-4411

CA is in 2nd place.  That's a bit of a surprise.  In Santa Clara county ~30% of our sales are distress sales including Short Sales and REOs per our MLS.

Sep 22, 2011 05:58 PM #6
Ambassador
1,155,085
Bryan Robertson
Los Altos, CA

I had no idea Georgia and Utah were so high on the list, especially ahead of Florida. 

Sep 22, 2011 06:20 PM #7
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Rainer
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Stephanie Leon | Miami Lakes Realtor®

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