Hardest Hit States Foreclosure Statistics
Though life on the beach is supposed to be a paradise, those states with the most sand still seem to have the most foreclosures. The following are the hardest hit foreclosure states for the first half of 2010, according to data provided from CNNMoney.com:
Nevada: One in 17 Nevada households, or 64,429, received a filing. That is the highest rate of any state.
California: The number of California homes with filings came to more than 340,000, the highest total of any state.
Florida: More than 277,000 filings, or 1 for every 32 households
Arizona: More than 91,000, 1 in 30 homes.
Lenders repossessed 45,000 Calif. homes during the three months ended June 30, more than in any other state. Nevada, with a much smaller population, had nearly 11,000 repossessions, about twice the rate of the Golden State.
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