13 Aug, 2007 in Mortgage by Cristina

States with the highest foreclosure rate

States with the Highest Foreclosure Rates
Jan-June 2007

1. Nevada
2. Colorado
3. California
4. Michigan
5. Florida
6. Ohio
7. Georgia
8. Arizona
9. Connecticut
10.Indiana

In the first six months of this year, Nevada, Colorado and California earned the dubious honor of being the three states with the highest foreclosure rates in the country. However, what might surprise people is that several states from the Midwest, including your home state of Ohio, round out the top ten.

The main problem in your area isn’t greed, but economic conditions, particularly in the auto industry. Unfortunately, knowing that others are facing similar circumstances doesn’t make your situation easier.

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