2010 Real Estate Guide
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real estate
Top 10 states for foreclosure

States 6 through 10

No. 6: Michigan -- The state's automotive-related job losses have been well chronicled. Nearly 16,000 Michigan residences received foreclosure filings in November, or almost 10 percent above the state's totals in November 2008.

No. 7: Illinois -- The Land of Lincoln saw 16,422 properties owners receive foreclosure notices in November, nearly 108 percent higher than November 2008 and the third highest in volume among all states, according to RealtyTrac.

No. 8: Utah -- Between Jan. 1 and Sept. 30, 2009, about 42.4 percent of all Utah subprime adjustable-rate mortgages, or ARMs, were reset, compared with 27.8 percent nationally, according to the Federal Reserve.

No. 9: Maryland -- More than 30 percent of the state's foreclosures occurred in Prince George's County, which has just 10 percent of Maryland's housing stock. County officials blamed the problem on exotic loans and balloon mortgages.

No. 10: New Jersey -- About 3,000 New Jerseyans have received counseling through the Garden State's "Foreclosure Mediation Program."

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