Foreclosure filings rose 4 percent nationally from February to March. According to RealtyTrac, a California-based firm that tracks foreclosures, these states had the highest rates of foreclosure in March. Nationally, 1 in every 1,121 housing units received a foreclosure filing last month.
Did your state make the top 10 foreclosure list?
Top 10 foreclosures by state (for March 2014)
National foreclosure filing average: 1:1,121 housing units
|States1||Ratio of foreclosures2||Rates3||Income tax4|
|1:527||4.50%||2% to 5.75%|
|1:663||4.45%||0.537% to 5.421%|
|1:784||4.47%||3% to 6.7%|
|1:794||4.50%||Up to 7%|
|1:820||4.55%||Up to 6.75%|
|1:944||4.41%||1% to 12.3%|
- 1States: According to RealtyTrac, these states had the highest rates of foreclosure in March.
- 2Ratio 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.
- 3Rates: Average interest rate charged in the state for a 30-year fixed-rate mortgage based on Bankrate.com's April 9, 2014, overnight averages.
- 4Income tax: The range of taxes levied by states on personal income. The tax is based on earned and unearned income.
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