The Top 10 Foreclosure States (as of July)

Housing boom states now bearing the brunt of the real estate meltdown.

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RealtyTrac recently released its U.S. Foreclosure Market Report for July.

From RealtyTrac, via The Real Estate Bloggers:

Foreclosure filings—default notices, auction sale notices and bank repossessions—were reported on 272,171 U.S. properties during the month, an 8 percent increase from the previous month and a 55 percent increase from July 2007. The report also shows one in every 464 U.S. households received a foreclosure filing during the month.

Which states have the highest foreclosure rates?

1. Nevada: One in 106 homes

2. California: One in 182 homes

3. Florida: One in 186 homes

4. Arizona: One in 195 homes

5. Ohio: One in 375 homes

6. Georgia: One in 385 homes

7. Michigan: One in 389 homes

8. Colorado: One in 390 homes

9. Utah: One in 472 homes

10. Virginia: One in 562 homes