Counties With the Highest Foreclosure Rates
The number of foreclosures in the U.S. was 31,707 in June, representing a 143% increase from the previous year. It’s a trend that’s likely to continue, according to experts at ATTOM Data Solutions, a company that provides and analyzes real estate property data.
ATTOM recently released a list of counties with the highest foreclosure rates in every state. Here’s what the researchers had to say about California:
“The country’s most populated state ranked 11th for highest foreclosure rate. Of its 14,392,140 housing units, 3,663 went into foreclosure, making California’s foreclosure rate one in every 3,929 households. The counties with the most foreclosures per housing unit were (from highest to lowest): Glenn, Sutter, Lake, Merced, and Trinity.”
The state with the highest foreclosure rate nationwide was Illinois. The rate was one in every 2,096 houses in June. South Dakota had the lowest foreclosure rate (one in every 48,740 households).
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