real estate

Top 10 states for foreclosure in August

Foreclosure filings increased 7 percent 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 1,126 housing units received a foreclosure filing last month.

Did your state make the top 10 foreclosure list?

Top 10 foreclosures by state (for August 2014)

National foreclosure filing average: 1:1,126 housing units

States1Ratio of foreclosures2Rates3Income tax4
Maryland1:5324.23%2% to 5.75%
New Jersey1:5534.27%1.4% to 8.97%
Georgia1:5824.28%1% to 6%
Delaware1:7464.37%Up to 6.75%
Ohio1:8404.27%0.537% to 5.421%
South Carolina1:9494.33%0% to 7%
  • 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 month, 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. 10, 2014, overnight averages.
  • 4Income tax: The range of taxes levied by states on personal income. The tax is based on earned and unearned income.



Show Bankrate's community sharing policy
          Connect with us

Timely market news and advice for consumers ready to buy, sell or invest in real estate. Delivered weekly.


Holden Lewis

What are HUD’s priorities?

The new housing secretary has delivered his first major speech since taking office, and he doesn't give us much of a reason to feel optimistic. He wants to do a lot of things, but what's his top priority? He doesn't say. Julián Castro, former mayor of San Antonio, has been the secretary of Housing and  ... Read more

Partner Center

Connect with us