Posted
by
in , with
For the 56th straight month, Nevada continued to have the highest foreclosure rate in the country, where one in every 118 homes received a foreclosure filing during August, according to the latest figures from RealtyTrac.
Nationally, 1 in every 570 households received a foreclosure filing in August.
Meanwhile, five states accounted for 53 percent of the foreclosure activity in August, led by California. In California, 59,383 properties received foreclosure filings last month. The state saw a 55 percent month-over-month increase in default notices.
The following are the states that posted the highest foreclosure rates in August, according to RealtyTrac’s latest report:
1. Nevada
One in every 118 households received a foreclosure filing during August.
Total foreclosure filings in August: 9,677
2. California
One in every 226 households
Total foreclosure filings in August: 59,383
3. Arizona
One in every 248 households
Total foreclosure filings in August: 23,569
4. Georgia
1 in every 346 households
Total foreclosure filings in August: 11,743
5. Idaho
1 in every 348 households
Total foreclosure filings in August: 1,860
6. Michigan
1 in every 349 households
Total foreclosure filings in August: 13,016
7. Florida
1 in every 376 households
Total foreclosure filings in August: 23,569
8. Illinois
1 in every 424 households
Total foreclosure filings in August: 12,493
9. Colorado
1 in every 439 households
Total foreclosure filings in August: 4,933
10. Utah
1 in every 450 households
Total foreclosure filings in August: 2,119
SOURCE: Realtor Magazine
Category:
,
to .
Weather Forecast: Sun Valley, Idaho
Select Category
Advertising
Areas
Auction
Bellevue
Biography
Buying
Codes
Construction Related
Consumer Behavior
Credit Related
Elkhorn
Energy
Expired Listings
Featured Listings
Financing
Foreclosure
Green
Hailey
Home Networks
Incentives
Inspections
Internet
Ketchum
Market Update
Marketing
Mortgage and Loans
New Listings
News
Photography
Profiles and Surveys
Recent Changes
REOs
Selling
Short Sales
Short Sales
Sun Valley
Uncategorized
Warm Springs
37°F
Drizzle
Humidity: 93%
Wind: SE at 5 mph
Windermere Real Estate, Sun Valley – Hailey, Idaho @ George Martin, Jr. Associate Broker