10 Worst Foreclosure States

The foreclosure crisis continues to gather steam, as April filings—defined as default notices, auction sale notices, and bank repossessions—spiked almost 65 percent from the same month last year, according to RealtyTrac's most recent U.S. Foreclosure Market Report.

All told, 1 in every 519 American households received notice of a foreclosure filing in April, up from 1 in every 538 households in March.

RealtyTrac CEO James Saccacio had this to say in a statement:

The total number of U.S. properties with foreclosure activity in April was the highest monthly total we've seen since we began issuing the report in January 2005.... Areas of California, Florida, Nevada, and Arizona continue to be particularly hard-hit.

Here are the states with the highest foreclosure rates:

             STATE                       FORECLOSURE RATE

1. Nevada                  1 filing per 146 households
2. California              1 filing per 204 households
3. Arizona                  1 filing per 224 households
4. Florida                   1 filing per 242 households
5. Colorado                1 filing per 349 households
6. Maryland              1 filing per 380 households
7. Georgia                  1 filing per 422 households
8. Ohio                        1 filing per 432 households
9. Michigan                1 filing per 440 households
10. Massachusetts     1 filing per 539 households

Reader Comments Read all comments (2)

Add Your Thoughts

Comment Name State Select One AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY International Email

Please enter the two words below into the text field underneath the image.

Incorrect please try again

Enter the words above: Enter the numbers you hear:

Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.