Florida Is Still #1 In Foreclosures, despite a 19 percent drop from year-ago levels, RealtyTrac reports in its U.S. Foreclosure Market Report for March.
Foreclosure activity has fallen to its lowest level since 2007 nationwide, but RealtyTrac reports that the following states are still seeing the highest rates of foreclosures in the country.
- Florida: 1 in every 129 housing units received a foreclosure filing in the first quarter of 2014
- Maryland: 1 in every 189 housing units
- Nevada: 1 in every 224 housing units
- Illinois: 1 in every 230 housing units
- New Jersey: 1 in every 273 housing units
- Connecticut: 1 in every 277 housing units
- Ohio: 1 in every 278 housing units
- Delaware: 1 in every 293 housing units
- South Carolina: 1 in every 294 housing units
- Indiana: 1 in every 207 housing units
Among the nation’s 20 largest metro areas, the highest foreclosure rates were in Miami; Tampa, Fla.; Chicago; Riverside, Calif.; and Baltimore, RealtyTrac reports.
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Source: RealtyTrac