For the 59th month in a row, Nevada continues to have the highest foreclosure rate in the country — despite a new law that took effect in October that changed the state’s foreclosure process and was expected to curtail foreclosures there.
Although foreclosures were down 43 percent year-over-year in Nevada, its foreclosure rate still remained higher than any other state.
The following are the top 10 states with the highest foreclosure rates in the country in November, according to RealtyTrac data.
- Nevada: 1 in every 175 home received a foreclosure filing in November
- California: 1 in every 211 homes
- Arizona: 1 in every 256 homes
- Utah: 1 in every 290 (This state saw a 74 percent increase in November from October in foreclosure activity.)
- Georgia: 1 in every 330 homes
- Michigan: 1 in every 330 homes
- Florida: 1 in every 358 homes
- Illinois: 1 in every 427 homes
- Ohio: 1 in every 500 homes
- South Carolina: 1 in every 517 (This is the first time South Carolina has made it into the top 10 for foreclosure activity since RealtyTrac began tracking in 2005.)
The author of this article is: realtormag.realtor.org
See the original post at: http://realtormag.realtor.org/daily-news/2011/12/15/10-states-hit-hardest-foreclosures
At GayRealEstate.com, we keep you updated with all the gay realtor, lesbian realtor, gay realty, gay real estate and general real estate news affecting the LGBT community coast to coast, and in your neighborhood.
Click here for list of gay realtors, lesbian realtors and gay friendly realtors Nationwide.
If you have a real estate story that you’d like to share with us with the gay and lesbian real estate community, please contact us at: manager@gayrealestate.com
