Top foreclosure states Aug. 2012: Michigan
Live in Michigan? According to RealtyTrac, a California-based firm that tracks foreclosures, your state had one of the highest rates of foreclosure in August. Nationally, 1 in every 681 housing units received a foreclosure filing in August 2012.
Michigan: 1 in every 593 housing units received a foreclosure filing.
Nationally: 1 in every 681
Michigan average foreclosure sales price: $63,292
National average foreclosure sales price: $189,103