Chart: Top 10 states for foreclosure: Dec. 2012

Chris Persaud

Foreclosure filings were down 10 percent nationally from November to December. According to RealtyTrac, a California-based firm that tracks foreclosures, these states had the highest rates of foreclosure in December. Nationally, 1 in every 810 housing units received a foreclosure filing last month.

Did your state make the top 10 foreclosure list?

  • Top 10 foreclosures by state (as of December 2012)

  • National foreclosure filing average: 1:810 housing units
  • National average foreclosure sales price: $197,418
States1 Average price2 Ratio of foreclosures3 Rates4 Income tax5
Florida
$127,792 1:338 3.46% None
Nevada
$143,852 1:345 3.37% None
California
$279,432 1:457 3.43% 1.25% to 10.30%
Illinois
$123,230 1:461 3.45% 5%
Ohio
$88,427 1:473 3.41% 0.578% to 5.925%
Arizona
$159,611 1:558 3.44% 2.59% to 4.54%
Georgia
$103,603 1:582 3.40% 1% to 6%
Washington
$214,734 1:615 3.51% None
Indiana
$118,570 1:679 3.37% 3.40%
South Carolina
$140,633 1:683 3.35% Up to 7%
  • 1States: According to RealtyTrac, these states had the highest rates of foreclosure in December.
  • 2Average price: The average price of all properties sold during the month that were in some state of foreclosure.
  • 3Ratio of foreclosures: Ratio is based on the total number of properties entered into RealtyTrac's database during the month, broken out by type of filing.
  • 4Rates: Average interest rate charged in the state for a 30-year fixed-rate mortgage based on Bankrate.com's Jan. 16, 2013, overnight averages.
  • 5Income tax: The range of taxes levied by states on personal income. The tax is based on earned and unearned income.



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