Top States for Foreclosures in December

Foreclosures were up 35% year-over-year in the U.S. in December, and here are the top five states for foreclosures:

  1. Colorado (1 in 376 households)
  2. Nevada (1 in 392)
  3. Georgia (1 in 480)
  4. Massachusetts (1 in 541)
  5. Texas (1 in 567)

At the other end of the list were Vermont, Maine, New Hampshire, and North Dakota.

[Realtrac via Marketwatch]

Comments

  1. Is there any correlation with ARM or interest -only mortgage popularity in those states?