real estate

Top 10 states for foreclosure in June

Foreclosure filings decreased by 6.3% nationally from May to June. According to RealtyTrac, a California-based firm that tracks foreclosures, these states had the highest rates of foreclosure last month. Nationally, 1 in every 1,405 housing units received a foreclosure filing last month.

Did your state make the top 10 foreclosure list?

Top 10 foreclosures by state (for June 2016)
RankStates1Ratio of foreclosures2Rates3
1New Jersey1 in 5103.49%
2Maryland1 in 6483.55%
3Florida1 in 7693.47%
4Delaware1 in 8063.33%
5Illinois1 in 8833.5%
6Nevada1 in 9283.31%
7Ohio1 in 9893.33%
8Indiana1 in 1,0523.51%
9South Carolina1 in 1,0823.51%
10New Mexico1 in 1,1413.32%
  • 1States: According to RealtyTrac, these states had the highest rates of foreclosure in June.
  • 2Ratio of foreclosures: Ratio is based on the total number of properties entered into RealtyTrac's database during the year, 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 July 14, 2016, overnight averages.

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