The Top 10 Foreclosure States (as of August)

Housing boom states remain atop the gloomy list.

By SHARE

RealtyTrac has released its U.S. Foreclosure Market Report for August.

From RealtyTrac, via The Real Estate Bloggers:

Foreclosure filings—default notices, auction sale notices and bank repossessions—were reported on 303,879 U.S. properties during the month, a 12 percent increase from the previous month and a 27 percent increase from August 2007. The report also shows one in every 416 U.S. households received a foreclosure filing during the month.

Which states have the highest foreclosure rates?

  1. Nevada: 1 in 91 homes
  2. California: 1 in 130 homes
  3. Arizona: 1 in 182 homes
  4. Florida: 1 in 194 homes
  5. Michigan: 1 in 332 homes
  6. Georgia: 1 in 422 homes
  7. Ohio: 1 in 444 homes
  8. Colorado: 1 in 452 homes
  9. Illinois: 1 in 483 homes
  10. Indiana: 1 in 522 homes