7 other states round of the top 10 for foreclosures and they were Florida, Idaho, Utah, Georgia, Michigan, Colorado and Illinois.
California, Florida, Arizona, Nevada, Illinois and Michigan accounted for over 60% of the nation’s total foreclosure activity in the 3rd quarter.
California accounted for nearly 27% of all the nations’ foreclosures, With 250,054 properties receiving foreclosure filings
Although Florida’s foreclosure activity decreased 1% from the previous quarter, the state still has the second highest foreclosure postings at 23%. However default notices did decrease 6% from the previous quarter and REOI increased 16%.
The third highest foreclosure postings where in Arizona with 50,300 filing an increase of 5%.
The Other states in the top 10 for foreclosures were Georgia (33,385), Texas (29,838), Ohio (29,645), and New Jersey (18,108).