Foreclosures are falling nationwide, but some states are still facing high foreclosure rates.
For the fifth-straight month in a row, Florida has the highest foreclosure rate in the nation, according to RealtyTrac’s latest January report. Florida had more than twice the national average of foreclosure filings, which are up 20 percent year-over-year in that state.
The following 10 states with the highest foreclosure rates in January:
- Florida: 1 in every 300 housing units had a foreclosure filing
- Nevada: 1 in every 344
- Illinois: 1 in every 375
- Arizona: 1 in every 501
- Georgia: 1 in every 513
- Ohio: 1 in every 612
- Washington: 1 in every 674
- California: 1 in every 753
- Indiana: 1 in every 784
- Michigan: 1 in every 837
The author of this article is: realtormag.realtor.org
See the original post at: http://realtormag.realtor.org/daily-news/2013/02/15/states-battling-highest-foreclosure-rates
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