mortgage

August 2012: Top 10 states for foreclosure

Foreclosure filings were up almost 1 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 681 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.
  • 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 Bankrate.com's Sept. 12, 2012, overnight averages.
  • 5Income tax: The range of taxes levied by states on personal income. The tax is based on earned and unearned income.

 

advertisement

          Connect with us
advertisement
advertisement

Blog

Stephen Pounds

World’s costliest home on market at $1.1B

For a cool $1.1 billion, you can own Villa Les Cedres (the cedars) in the billionaires' holiday town of Saint-Jean-Cap-Ferrat, near the city of Nice.  ... Read more

advertisement

Connect with us