Monday, June 2, 2008

March vs. April Foreclosure Comparison

Below is the comparison of the foreclosure report produced this month versus the previous report produced in April.

Top 10 States for Foreclosures for April 2008 (By Total)

Rank State # of
Foreclosures
% +/-
Mar '08
% +/-
Apr '07
% of Total

  United States 243,353 4.40 64.75 100.00
1. California 64,683 -0.04 112.04 26.58
2.Florida 35,264 16.56 146.29 14.49
3.Ohio 11,680 3.61 2.18 4.80
4.Arizona 11,620 26.32 181.42 4.77
5.Texas 11,406 6.60 -0.16 4.69
6.Michigan 10,269 8.16 49.35 4.22
7.Georgia 9,189 -16.82 28.50 3.78
8.Illinois 8,383 -2.78 1.02 3.44
9.Nevada 7,276 -5.00 94.70 2.99
10.Maryland 6,052 41.57 479.14 2.49


Top 10 States for Foreclosures for March 2008 (By Percentage)

RankState# of
Foreclosures
%+/-
Feb '08
%+/-
Mar '07
% of Total

United States234,6854.9357.35100.00

1.
Nevada7,65924.1961.653.26
2.California64,71120.66105.8627.57
3.Florida30,254-6.76111.5212.89
4.Arizona9,199-4.67105.523.92
5.Colorado6,180-8.27-1.392.63
6.Georgia 11,04744.7663.204.71
7.Ohio11,2738.5437.114.80
8.Michigan9,494-13.3510.274.05
9.Massachusetts5,57342.6859.372.37
10.Maryland4,2756.45343.011.82


NOTE: The two charts above report the foreclosures using different criteria.  The chart for April 2008 examines the states with the highest number of foreclosures nationally; whereas the chart for March 2008 examines the states with the highest percentage for foreclosures relative to the number of existing homes in the state.

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