real estate

Top 10 states for foreclosure in June

Foreclosure filings fell 2 percent nationally from May to June. According to RealtyTrac, a California-based firm that tracks foreclosures, these states had the highest rates of foreclosure in June. Nationally, 1 in every 1,228 housing units received a foreclosure filing last month.

Did your state make the top 10 foreclosure list?

Top 10 foreclosures by state (for June 2014)

National foreclosure filing average: 1:1,228 housing units

States1Ratio of foreclosures2Rates3Income tax4
Florida1:4094.29%None
Maryland1:5784.28%2% to 5.75%
Illinois1:6454.21%5%
Ohio1:7424.2%0.537% to 5.421%
Iowa1:8404.23%0.36% to 8.98%
Nevada1:8684.23%None
Delaware1:8924.34%Up to 6.75%
Utah1:9774.26%5%
Wisconsin1:9874.18%4.4% to 7.65%
Indiana1:9954.18%3.4%
  • 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 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 June 18, 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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