5 States with High Foreclosures

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Foreclosures rates are falling, but some states are still battling high levels. According to nationwide averages, the foreclosure inventory as of March represented 2.8 percent of all homes with a mortgage – that’s down from 3.5 percent in February.

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Brockton resident and investor chris carney made the winning bid of $7.5. Foreclosure rates have been very high in the 4 key states throughout the bursting of the housing bubble, and so it was to be expected that cities from those states would pepper the top of the list.

5 States With the Most Home Foreclosures These five states lead the pack when it comes to home foreclosures.. high-quality lenders that have proven themselves to be bastions of safety and profit.

Look to the coasts – Several coastal states appeared in our top 10, including Florida, Georgia, South Carolina, Maryland, Massachusetts and Oregon. The states tend to have higher foreclosure rates as well as large increases in demand for housing.

Serious delinquency is defined as loans that are 90 days or more past due, and includes loans in foreclosure or REO’s (bank owned properrties). What’s interesting is that 41% of all completed foreclosures in April took place in just 5 states. Florida had the highest number, with over 69,000 completed foreclosures over the past 12 months.

"We should care about predatory lending in all parts of the state, not just big cities or in the countryside," Hanauer said. Guernsey and Hocking counties in eastern and southeastern Ohio have the two.

5 States With the Highest Foreclosure Inventories Foreclosures are falling across the country, but they still make up a big chunk of some markets’ housing stock. CoreLogic reveals in its report on September housing data that the following states have the highest foreclosure inventories:

Secrets to Foreclosure Auctions and Tax Deed Sales States with highest foreclosure rates in the U.S. 2016 Houses completed in affordable housing projects in India April 2017-March 2018 Houses grounded for construction in housing projects in India.

Homeowners Facing Foreclosure. 1 out of every 200 homes will be foreclosed upon. For a city like Washington, D.C., that translates to 3,000 Washingtonians losing their homes to foreclosure each year. – Mortgage Bankers Association. Every three months, 250,000 new families enter into foreclosure.