Foreclosure Crisis: How Does Your State Rank?

Yes, we all know that the rate of foreclosures is skyrocketing and the mortgage industry is in shambles. But do you really know how high the rate is for your state? What about surrounding states…is it any better or worse than where you are?

We found this interactive map of the US which shows the percentages of foreclosures and also unemployment for each US state (thanks to CNN Money). Simply scroll over any state and the foreclosure percentage will appear. Click on the red tab and you’ll see each state’s unemployment rate.

To view the interactive foreclosure and unemployment map, click here.

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About reibrain

Hey, my name is Trevor and I'm the founder of The REI Brain and editor/contributor. I started investing in real es.tate when I was 21... and love entrepreneurship, the internet, and real estate. My main focus today is growing my companies, systemizing my businesses so I can work less and make more, and spend more time with my family. Learn more about me at trevormauch.com.
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6 Responses to “Foreclosure Crisis: How Does Your State Rank?”

  1. Jon Zorrer October 27, 2009 at 10:28 am #

    So Florida still has the highest rate of foreclsoures followed by Nevada. Michigan and Cali are neck and neck. New Jersey where I live and invest is not far behind. The foreclosures are just going to get higher and higher with the Exotic ARM’s now adjusting. One expert predicted over 7 million more foreclosures to come in the next few years. Real estate investor have a huge opportunnity now to help families in foreclosure and get paid handsomely to do so. It is very exciting times right now.

  2. reibrain October 27, 2009 at 10:54 am #

    Hey Jon, yep… Florida and Nevada are hot foreclosure markets still. Totally agree w/ya on the ARM’s and increases… and commercial foreclosures are starting to pile up too. Thanks for stopping by!

  3. Alan Brymer November 4, 2009 at 10:28 am #

    Wow, looks like tha jobz are in North Dakota. Load up the truck, hon! I noted that unemployment in Utah is 6% right now. 2 years ago it was 1-something% and every Chamber meeting I went to went on and on about how we’ve got tons of jobs in Salt Lake and our housing market will never be affected because so many people are moving here, etc. Turns out it was pre-crash mania/denial.

    Thanks for showing this, though–it means things aren’t as tough as in other places.

  4. reibrain November 4, 2009 at 10:53 am #

    For sure Alan… things can “never go bad when they’re going good”… right? 🙂 Thanks for the comment!

  5. Franny October 13, 2011 at 12:42 pm #

    will the radioactivity floating over from Japan effect foreclosure rates on the west coast? Would banks want back homes in these areas. Will they try to make more deals with homeowners in trouble? Just a thought I had.

Trackbacks/Pingbacks

  1. Delinquency Rate of Mortgage Loans Reach Record Numbers - November 23, 2009

    […] The states hit hardest with foreclosures are California, Florida, Nevada, and Arizona, mostly due to the fact these four states have the highest number of prime loans that went bad. How does your state rank with the number of foreclosed homes for sale? […]

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