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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