real estate

Top 10 states for foreclosure in August

Foreclosure filings dropped by more than 12% nationally from July to August. According to RealtyTrac, a California-based firm that tracks foreclosures, these states had the highest rates of foreclosure in August. Nationally, 1 in every 1,205 housing units received a foreclosure filing last month.

Did your state make the top 10 foreclosure list?

Top 10 foreclosures by state (for August 2015)

National foreclosure filing average: 1:1,205 housing units

States1Ratio of foreclosures2Rates3Income tax4
Maryland1:5343.87%2% to 5.75%
New Jersey1:5393.83%1.4% to 8.97%
South Carolina1:8633.87%0% to 7%
North Carolina1:9703.88%5.75%
New Mexico1:1,0053.79%1.7% to 4.9%
Ohio1:1,0373.80%0.528% to 5.333%
  • 1States: According to RealtyTrac, these states had the highest rates of foreclosure in August.
  • 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's Sept. 21, 2015, overnight averages.
  • 4Income tax: The range of taxes levied by states on a personal income for a single taxpayer. The tax is based on earned and unearned income.



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