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Top 10 States With Highest Foreclosure Rate In 2007
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Tags: home, foreclosure, 2007, worst, top 10, states, national
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.
| 1. | Nevada - 34,417 total homes - 3.376% of homes |
| 2. | Florida - 165,291 total homes - 2.002% of homes |
| 3. | Michigan - 87,210 total homes - 1.947% of homes |
| 4. | California - 249,513 total homes - 1.921% of homes |
| 5. | Colorado - 39,403 total homes - 1.919% of homes |
| 6. | Ohio - 89,979 total homes - 1.797% of homes |
| 7. | Georgia - 59,057 total homes - 1.566% of homes |
| 8. | Arizona - 38,568 total homes - 1.516% of homes |
| 9. | Illinois - 64,310 total homes - 1.25% of homes |
| 10. | Indiana - 27,980 total homes - 1.027% of homes |
Lister:
Pratt
Source:
therealestatebloggers
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