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 |
Florida | 1:407 | 4.51% | None |
Maryland | 1:527 | 4.50% | 2% to 5.75% |
Indiana | 1:656 | 4.43% | 3.40% |
Ohio | 1:663 | 4.45% | 0.537% to 5.421% |
Illinois | 1:682 | 4.44% | 5% |
Nevada | 1:701 | 4.35% | None |
Connecticut | 1:784 | 4.47% | 3% to 6.7% |
South Carolina | 1:794 | 4.50% | Up to 7% |
Delaware | 1:820 | 4.55% | Up to 6.75% |
California | 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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