real estate

Top 10 states for foreclosure in November

Foreclosure filings fell by 9.57% nationally from October to November. According to RealtyTrac, a California-based firm that tracks foreclosures, these states had the highest rates of foreclosure in November. Nationally, 1 in every 1,268 housing units received a foreclosure filing last month.

Did your state make the top 10 foreclosure list?

Top 10 foreclosures by state (for November 2015)

National foreclosure filing average: 1:1,268 housing units

States1Ratio of foreclosures2Rates3Income tax4
Maryland1:5163.89%2% to 5.75%
New Jersey1:5533.92%1.4% to 8.97%
Florida1:6623.98%None
Nevada1:7713.84%None
Illinois1:8593.93%3.75%
South Carolina1:8733.89%0% to 7%
Ohio1:1,0143.82%0.528% to 5.333%
Georgia1:1,0833.96%1% to 6%
Indiana1:1,0894.00%3.4%
North Carolina1:1,1393.97%5.75%
  • 1States: According to RealtyTrac, these states had the highest rates of foreclosure in October.
  • 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 Dec. 10, 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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