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 (July 2015 Data--Includes District of Columbia)                              Foreclosure   Foreclosure   REO Rate                                Rate         Rate 12                                           Months Ago  1    NEW JERSEY                4.71%         5.81%       0.41% 2    NEW YORK                  3.69%         4.28%       0.27% 3    FLORIDA                   2.71%         4.79%       0.76% 4    HAWAII                    2.56%         3.01%       0.29% 5    DISTRICT OF COLUMBIA      2.39%         2.07%       0.06% 6    MAINE                     2.11%         2.74%       0.46% 7    NEW MEXICO                2.10%         2.12%       0.34% 8    DELAWARE                  2.00%         2.14%       0.26% 9    NEVADA                    1.87%         2.30%       0.26% 10   CONNECTICUT               1.86%         2.64%       0.60% 11   MARYLAND                  1.74%         2.44%       0.72% 12   PENNSYLVANIA              1.65%         2.03%       0.41% 13   ILLINOIS                  1.57%         2.30%       0.59% 14   RHODE ISLAND              1.55%         1.92%       0.47% 15   MASSACHUSETTS             1.41%         1.17%       0.21% 16   OREGON                    1.38%         1.96%       0.40% 17   OHIO                      1.31%         1.63%       0.41% 18   OKLAHOMA                  1.29%         1.61%       0.42% 19   SOUTH CAROLINA            1.29%         1.64%       0.26% 20   VERMONT                   1.26%         1.62%       0.43% 21   INDIANA                   1.21%         1.52%       0.30% 22   KENTUCKY                  1.17%         1.44%       0.36% 23   LOUISIANA                 1.16%         1.39%       0.36% 24   WASHINGTON                1.10%         1.51%       0.22% 25   MISSISSIPPI               0.96%         1.09%       0.48% 26   ARKANSAS                  0.87%         1.05%       0.63% 27   IOWA                      0.86%         1.01%       0.18% 28   KANSAS                    0.83%         0.89%       0.34% 29   NORTH CAROLINA            0.75%         0.92%       0.23% 30   WEST VIRGINIA             0.75%         0.82%       0.36% 31   IDAHO                     0.73%         1.06%       0.21% 32   ALABAMA                   0.70%         0.81%       0.43% 33   WISCONSIN                 0.69%         0.81%       0.23% 34   GEORGIA                   0.67%         0.94%       0.26% 35   NEW HAMPSHIRE             0.66%         0.80%       0.36% 36   TEXAS                     0.57%         0.75%       0.13% 37   MISSOURI                  0.56%         0.64%       0.32% 38   TENNESSEE                 0.54%         0.75%       0.33% 39   SOUTH DAKOTA              0.53%         0.57%       0.18% 40   WYOMING                   0.53%         0.47%       0.31% 41   VIRGINIA                  0.49%         0.63%       0.19% 42   CALIFORNIA                0.47%         0.61%       0.09% 43   MICHIGAN                  0.46%         0.70%       0.52% 44   MONTANA                   0.44%         0.57%       0.19% 45   UTAH                      0.43%         0.64%       0.09% 46   ARIZONA                   0.42%         0.52%       0.13% 47   COLORADO                  0.42%         0.58%       0.08% 48   NORTH DAKOTA              0.42%         0.49%       0.07% 49   NEBRASKA                  0.41%         0.43%       0.10% 50   MINNESOTA                 0.40%         0.51%       0.33% 51   ALASKA                    0. … 
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