December 2011: Top 10 states for foreclosure

Foreclosure filings were down 9 percent nationally from November to December. According to RealtyTrac, a California-based firm that tracks foreclosures, these states had the highest rates of foreclosure in November. Nationally, 1 in every 634 housing units received a foreclosure filing last month.

Did your state make the top 10 foreclosure list?

• Top 10 Foreclosures by State (as of December 2011)

• National foreclosure filing average: 1:634 housing units.
• National average foreclosure sales price: $182,516.

States*	Average price*	Ratio of foreclosures*	Rates*	Income tax*
Nevada	$119,510	1:177	3.92%	No income tax
California	$235,529	1:254	3.95%	Varies from 1.25% to 9.55%
Michigan	$60,211	1:346	3.91%	4.35%
Arizona	$135,709	1:357	3.91%	Varies from 2.59% to 4.54%
Florida	$119,236	1:360	3.89%	No income tax
Georgia	$99,304	1:381	3.85%	Varies from 1% to 6%
Illinois	$117,265	1:419	3.88%	5%
Delaware	$121,100	1:485	3.93%	Varies -- up to 6.95%
Utah	$152,246	1:548	3.97%	5%
Ohio	$73,420	1:583	3.86%	Varies from 0.618% to 6.24%

• *States: According to RealtyTrac, these states had the highest rates of foreclosure in December.
• *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 Jan. 19, 2012, overnight averages.
• *Income tax:The range of taxes levied by states on personal income. The tax is based on earned and unearned income.