July 2012: Top 10 states for foreclosure

Foreclosure filings were down 3 percent nationally from June to July. According to RealtyTrac, a California-based firm that tracks foreclosures, these states had the highest rates of foreclosure in April. Nationally, 1 in every 686 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 July.
  • 2Average price: The average price of all properties sold during the month that were in some state of foreclosure.
  • 3Ratio 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.
  • 4Rates: Average interest rate charged in the state for a 30-year fixed-rate mortgage based on's Aug. 8, 2012, overnight averages.
  • 5Income 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.


Crissinda Ponder

Student debt is a homebuying obstacle

More than half of consumers say student loan debt is at least somewhat of an obstacle to buying a home, according to a new survey.  ... Read more

Partner Center

Connect with us