Home / Daily Dose / Which States Have the Highest Number of Foreclosure Filings?
Print This Post Print This Post

Which States Have the Highest Number of Foreclosure Filings?

Market Studies BHDS News recently reported on the latest ATTOM Data Solutions foreclosure activity data, which indicated that the number of homes in foreclosure continued to drop in November. Further, the data showed that the 86,561 U.S. properties with foreclosure filings in November marked a decline of 18 percent from October and 17 percent from a year ago.

The report found that there were a little more than 35,000 new foreclosure filings in November, which was also down 17 percent compared to last year. November was the 17th straight month new filings decreased.

ATTOM Data Solutions found that 32 states experienced a drop in foreclosure activity from the year prior, including many of the states with consistently high foreclosure rates. Despite this good news, there are still states that are experiencing high levels of foreclosure filings–many of whom has been for quite some time now.

For example, New Jersey, this month’s state with the highest number or foreclosure filings, was not only the second highest state last month, but also the second highest state a year ago. Additionally, Maryland, this month’s fifth highest state for foreclosure filings, was the highest state a year ago.

New Mexico increased its number of foreclosure filings greatly, moving from the No. 14 spot last month and No. 22 a year prior to the No. 9 spot according to the latest data.

 

The 10 States with the Highest Number of Foreclosure Filings

Source: ATTOM Data Solutions

  1. New Jersey: 1 in every 598 housing units
  2. Delaware: 1 in every 792 housing units
  3. Nevada: 1 in every 793 housing units
  4. Connecticut: 1 in every 969 housing units
  5. Maryland: 1 in every 981 housing units
  6. Florida: 1 in every 991 housing units
  7. Illinois: 1 in every 1,038 housing units
  8. Ohio: 1 in every 1,055 housing units
  9. New Mexico: 1 in every 1,147 housing units
  10. Pennsylvania: 1 in every 1,246 housing units

About Author: Kendall Baer

Kendall Baer is a Baylor University graduate with a degree in news editorial journalism and a minor in marketing. She is fluent in both English and Italian, and studied abroad in Florence, Italy. Apart from her work as a journalist, she has also managed professional associations such as Association of Corporate Counsel, Commercial Real Estate Women, American Immigration Lawyers Association, and Project Management Institute for Association Management Consultants in Houston, Texas. Born and raised in Texas, Baer now works as the online editor for DS News.
x

Check Also

GSE loans

Housing Loans and “DREAMers”

Senate lawmakers recently introduced a bill intended to ensure that federally sponsored agencies do not deny mortgage loans to beneficiaries of the DACA program.

GET YOUR DAILY DOSE OF DS NEWS

Featuring daily updates on foreclosure, REO, and the secondary market, DS News has the timely and relevant content you need to stay at the top of your game. Get each day’s most important default servicing news and market information delivered directly to your inbox, complimentary, when you subscribe.