March Foreclosure Rates Rise According To Realty Trac. Arizona Ranks #4 With The Highest Number Of Foreclosures!
Top 10 States for Foreclosures in March
Nevada: 1 in 139 homes
California: 1 in 204 homes
Florida: 1 in 282 homes
Arizona: 1 in 283 homes
Colorado: 1 in 339 homes
Georgia: 1 in 351 homes
Ohio: 1 in 448 homes
Michigan: 1 in 475 homes
Massachusetts: 1 in 486 homes
Maryland: 1 in 538 homes
The list shows the titanic force of the housing bust, as the states with the scariest ratios—Nevada, California, Florida, and Arizona—were the hottest spots during the boom. Look for more pain coming out of midwestern states like Ohio and Michigan, where tough housing markets could trigger a spate of failures at small banks that got deep into housing construction.
Lucky you, Vermont. Foreclosures in the state—known for cows, liberals, and maple syrup—stand at only 1 in every 154,779 homes. Keep up the good work!


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