Top 10 states for foreclosure in July
Foreclosure filings dropped by almost 9% nationally from June to July, but some states are still feeling foreclosure pain. According to RealtyTrac, a California-based firm that tracks the numbers, these states had the highest rates of foreclosure in July. Nationally, 1 in every 1,540 housing units received a foreclosure filing last month.
Did your state make the top 10 foreclosure list?
- 1States: According to RealtyTrac, these states had the highest rates of foreclosure in July.
- 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 Aug. 11, 2016, overnight averages.