real estate

Top 10 states for foreclosure in March

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

States1Ratio of foreclosures2Rates3Income tax4
Florida
1:4074.51%None
Maryland
1:5274.50%2% to 5.75%
Indiana
1:6564.43%3.40%
Ohio
1:6634.45%0.537% to 5.421%
Illinois
1:6824.44%5%
Nevada
1:7014.35%None
Connecticut
1:7844.47%3% to 6.7%
South Carolina
1:7944.50%Up to 7%
Delaware
1:8204.55%Up to 6.75%
California
1:9444.41%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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