Top 10 Foreclosure States

By
Real Estate Agent with Century 21

One of 2007's top stories was the huge increase in foreclosures across the United States. The final numbers have been released by RealtyTrac and they are tough but expected. The worst states hit were markets where speculators walked away from properties or the effects of a miserable Midwestern economy.

Nevada led the way with one out every 33 homes in foreclosure with Florida coming in second with 1 out of 50 homes.  

Rank    State           Total   % of Homes
1       Nevada          34,417  3.376
2       Florida         165,291 2.002
3       Michigan        87,210  1.947
4       California      249,513 1.921
5       Colorado      39,403  1.919
6       Ohio            89,979  1.797
7       Georgia         59,057  1.566
8       Arizona         38,568  1.516
9       Illinois        64,310  1.25
10      Indiana         27,980  1.027

 

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