real estate

Top 10 states for foreclosure in March

Foreclosure filings rose nearly 20 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 1,082 housing units received a foreclosure filing last month.

Did your state make the top 10 foreclosure list?

Top 10 foreclosures by state (for March 2015)

National foreclosure filing average: 1:1,082 housing units

States1Ratio of foreclosures2Rates3Income tax4
Florida1:4463.76%None
Illinois1:4533.79%5%
New Jersey1:5083.76%1.4% to 8.97%
Maryland1:5353.76%2% to 5.75%
Nevada1:5863.81%None
Delaware1:8323.7%0% to 6.6%
South Carolina1:8583.82%0% to 7%
Ohio1:9553.7%0.528% to 5.33%
Indiana1:9703.81%3.4%
Georgia1:1,0853.8%1% to 6%
  • 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 15, 2015, 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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