Nevada, Arizona, Florida post top state foreclosure rates

July 20, 2009,

40years ago Moon Landing! More than 6 percent of Nevada housing units (one in 16) received at least one foreclosure filing in the first half of 2009, giving it the nation’s highest foreclosure rate during the six-month period. A total of 68,708 Nevada properties received a foreclosure filing from January to June, an increase of 23 percent from the previous six months and an increase of 61 percent from the first half of 2008.

Arizona registered the nation’s second highest state foreclosure rate in the first half of 2009, with 3.37 percent of its housing units (one in 30) receiving at least one foreclosure filing, and Florida registered the nation’s third highest state foreclosure rate, with 3.08 percent of its housing units (one in 33) receiving at least one foreclosure filing.

Other states with foreclosure rates ranking among the nation’s 10 highest were

California (2.94 percent),

Utah (1.46 percent),

Georgia (1.42 percent),

Michigan (1.34 percent),

Illinois (1.31 percent),

Idaho (1.26 percent) and Colorado (1.25 percent).

loan modification