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?
- 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 Bankrate.com'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.