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Chart: Top 10 states for foreclosure

Chris Persaud

Foreclosure filings were up almost 1 percent nationally from July to August. According to RealtyTrac, a California-based firm that tracks foreclosures, these states had the highest rates of foreclosure in August. Nationally, 1 in every 681 housing units received a foreclosure filing last month.

Did your state make the top 10 foreclosure list?

  • Top 10 foreclosures by state (as of August 2012)

  • National foreclosure filing average: 1:681 housing units
  • National average foreclosure sales price: $189,103
States1 Average price2 Ratio of foreclosures3 Rates4 Income tax5
Illinois
$119,855 1:298 3.55% 5%
Florida
$117,574 1:328 3.62% None
California
$263,058 1:340 3.54% 1.25% to 10.3%
Arizona
$147,157 1:360 3.56% 2.59% to 4.54%
Nevada
$131,202 1:402 3.51% None
Georgia
$112,685 1:431 3.51% 1% to 6%
Ohio
$77,486 1:556 3.52% 0.578% to 5.925%
Michigan
$63,292 1:593 3.58% 4.35%
Delaware
$141,155 1:610 3.55% Up to 6.95%
Colorado
$189,623 1:617 3.52% 4.63%
  • 1States: According to RealtyTrac, these states had the highest rates of foreclosure in August.
  • 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 Sept. 12, 2012, 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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