mortgage
November 2011: Top 10 states for foreclosure
Foreclosure filings were down 3 percent nationally from October to November. According to RealtyTrac, a California-based firm that tracks foreclosures, these states had the highest rates of foreclosure in November. Nationally, 1 in every 579 housing units received a foreclosure filing last month.
Did your state make the top 10 foreclosure list?
Top 10 Foreclosures by State (as of November 2011)
- National foreclosure filing average: 1:579 housing units.
- National average foreclosure sales price: $182,489.
| States* | Average price* | Ratio of foreclosures* | Rates* | Income tax* |
|---|
 | $119,180 | 1:175 | 3.93% | No income tax |
 | $237,150 | 1:211 | 3.93% | Varies from 1.25% to 9.55% |
 | $123,077 | 1:256 | 3.98% | Varies from 2.59% to 4.54% |
 | $166,645 | 1:290 | 3.95% | 5% |
 | $110,121 | 1:330 | 3.89% | Varies from 1% to 6% |
 | $59,079 | 1:330 | 3.94% | 4.35% |
 | $110,503 | 1:358 | 3.93% | No income tax |
 | $124,042 | 1:427 | 3.91% | 5% |
 | $82,873 | 1:500 | 3.89% | Varies from 0.618% to 6.24% |
 | $150,898 | 1:517 | 3.89% | Varies -- up to 7% |
- *States: According to RealtyTrac, these states had the highest rates of foreclosure in November.
- *Average price: The average price of all properties sold during the month that were in some state of foreclosure.
- *Ratio 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.
- *Rates: Average interest rate charged in the state for a 30-year fixed-rate mortgage based on Bankrate.com's Dec. 15, 2011, overnight averages.
- *Income tax: The range of taxes levied by states on personal income. The tax is based on earned and unearned income.
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