Magazine article Mortgage Banking

Home-Price Spotlight

Magazine article Mortgage Banking

Home-Price Spotlight

Article excerpt

HOME-PRICE SPOTLIGHT  States Ranked Worst to Best By Foreclosure Rate  (May 2015 Data--Includes District of Columbia)                               Foreclosure    Foreclosure      REO                                 Rate       Rate 12 Months   Rate                                                 Ago  1     NEW JERSEY                4.87%          5.78%        0.38% 2     NEW YORK                  3.75%          4.40%        0.25% 3     FLORIDA                   2.89%          5.23%        0.87% 4     HAWAII                    2.57%          3.11%        0.28% 5     DISTRICT OF COLUMBIA      2.42%          1.96%        0.06% 6     MAINE                     2.13%          2.83%        0.51% 7     NEW MEXICO                2.08%          2.15%        0.36% 8     NEVADA                    1.97%          2.30%        0.30% 9     DELAWARE                  1.91%          2.24%        0.29% 10    CONNECTICUT               1.81%          2.77%        0.62% 11    MARYLAND                  1.73%          2.49%        0.78% 12    PENNSYLVANIA              1.68%          2.09%        0.43% 13    ILLINOIS                  1.64%          2.42%        0.65% 14    OKLAHOMA                  1.44%          1.66%        0.45% 15    OREGON                    1.44%          2.04%        0.39% 16    RHODE ISLAND              1.42%          1.90%        0.58% 17    MASSACHUSETTS             1.39%          1.15%        0.20% 18    OHIO                      1.32%          1.71%        0.45% 19    VERMONT                   1.32%          1.68%        0.45% 20    SOUTH CAROLINA            1.29%          1.70%        0.29% 21    INDIANA                   1.24%          1.58%        0.34% 22    KENTUCKY                  1.22%          1.46%        0.40% 23    LOUISIANA                 1.15%          1.44%        0.37% 24    WASHINGTON                1.10%          1.62%        0.25% 25    MISSISSIPPI               0.95%          1.06%        0.53% 26    ARKANSAS                  0.90%          1.06%        0.65% 27    IOWA                      0.87%          1.03%        0.21% 28    KANSAS                    0.84%          0.90%        0.38% 29    IDAHO                     0.74%          1.12%        0.25% 30    NORTH CAROLINA            0.74%          0.95%        0.25% 31    WEST VIRGINIA             0.72%          0.77%        0.38% 32    ALABAMA                   0.71%          0.79%        0.47% 33    GEORGIA                   0.69%          0.95%        0.28% 34    NEW HAMPSHIRE             0.69%          0.77%        0.35% 35    WISCONSIN                 0.69%          0.82%        0.25% 36    TEXAS                     0.61%          0.7 4%       0.15% 37    MISSOURI                  0.57%          0.63%        0.35% 38    SOUTH DAKOTA              0.56%          0.57%        0.20% 39    TENNESSEE                 0.56%          0.70%        0.34% 40    WYOMING                   0.54%          0.48%        0.31% 41    MICHIGAN                  0.50%          0.71%        0.56% 42    VIRGINIA                  0.50%          0.63%        0.20% 43    CALIFORNIA                0.49%          0.63%        0.09% 44    ARIZONA                   0.45%          0.52%        0.14% 45    UTAH                      0.45%          0.65%        0.11% 46    COLORADO                  0.44%          0.59%        0.09% 47    MONTANA                   0.43%          0.59%        0.20% 48    MINNESOTA                 0.42%          0.50%        0.36% 49    NORTH DAKOTA              0.42%          0.46%        0.08% 50    NEBRASKA                  0. … 
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