Chart: Top 10 states for foreclosure

Chris Persaud
February 15, 2013

Foreclosure filings were down 7 percent nationally from December to January. According to RealtyTrac, a California-based firm that tracks foreclosures, these states had the highest rates of foreclosure in January. Nationally, 1 in every 869 housing units received a foreclosure filing last month.

Did your state make the top 10 foreclosure list?

  • Top 10 foreclosures by state (as of January 2013)

  • National foreclosure filing average: 1:869 housing units
  • National average foreclosure sales price: $190,659
States1 Average price2 Ratio of foreclosures3 Rates4 Income tax5
Florida
$126,576 1:300 3.69% None
Nevada
$137,601 1:344 3.60% None
Illinois
$129,871 1:375 3.64% 5%
Arizona
$161,016 1:501 3.65% 2.59% to 4.54%
Georgia
$101,597 1:513 3.62% 1% to 6%
Ohio
$72,432 1:612 3.44% 0.578% to 5.925%
Washington
$203,904 1:674 3.72% None
California
$275,421 1:753 3.65% 1% to 12.30%
Indiana
$118,754 1:784 3.64% 3.40%
Michigan
$68,939 1:837 3.68% 4.25%
  • 1States: According to RealtyTrac, these states had the highest rates of foreclosure in January.
  • 2Average price: The average price of all properties sold during the month that were in some state of foreclosure.
  • 3Ratio of foreclosures: Ratio is based on the total number of properties entered into RealtyTrac's database during the month, broken out by type of filing.
  • 4Rates: Average interest rate charged in the state for a 30-year fixed-rate mortgage based on Bankrate.com's Feb. 14, 2013, overnight averages.
  • 5Income tax: The range of taxes levied by states on personal income. The tax is based on earned and unearned income.



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