10 States With Highest Foreclosure Rates
DAILY REAL ESTATE NEWS | THURSDAY, DECEMBER 13, 2012
Florida ranks as the state with the highest foreclosure rate in the nation for the third-consecutive month, according to the latest report from RealtyTrac with November foreclosure data.
In Florida, one in every 304 homes received a foreclosure filing in November — more than double the national average.
Nevada, the previous leader, has been coming in second over the past three months, but it also has seen a 54 percent drop in foreclosures year-over-year.
The following are the top 10 states with the highest foreclosure rates in November:
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Florida: 1 in every 304 homes received a foreclosure filing in November
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Nevada: 1 in every 390 homes
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Illinois: 1 in every 392 homes
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California: 1 in every 430 homes
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South Carolina: 1 in every 455 homes
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Ohio: 1 in every 458 homes
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Arizona: 1 in every 468 homes
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Georgia: 1 in every 494 homes
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Michigan: 1 in every 621 homes
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Indiana: 1 in every 684 homes