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10 States That Had The Highest Foreclosure Rates in December 2015

Foreclosures are a huge matter in the real estate industry. Although the country has seen a decline from December 2014 to December 2015, there were still several states that had high rates of foreclosure before 2016 came in.

In fact, foreclosure rates saw a 9 percent decrease in December 2015, as compared to the national foreclosure rate the year prior, reports RealtyTrac. Apparently, 2015 had the lowest annual foreclosure numbers since 2006.

Check out the 10 states that had the highest foreclosure rates in December 2015:

10.      Tennessee

Foreclosure rate, December 2015: 1 in every 1,158 homes filed for foreclosure

Change from November 2015: increase of 9 percent

Change from December 2014: increase of 88 percent

9.         New Mexico

Foreclosure rate: 1 in every 1,067 homes

Change from November 2015: increase of 56 percent

Change from December 2014: increase of 32 percent

8.         Illinois

Foreclosure rate: 1 in every 1,006 homes

Change from November 2015: decrease of 15 percent

Change from December 2014: decrease of 34 percent

7.         Connecticut

Foreclosure rate: 1 in every 989 homes

Change from November 2015: increase of 20 percent

Change from December 2014: increase of 9 percent

6.         Delaware

Foreclosure rate: 1 in every 790 homes

Change from November 2015: increase of 52 percent

Change from December 2014: increase of 5 percent

5.         Ohio

Foreclosure rate: 1 in every 790 homes

Change from November 2015: increase of 28 percent

Change from December 2014: increase of 17 percent

4.         Nevada

Foreclosure rate: 1 in every 781 homes

Change from November 2015: decrease of 1 percent

Change from December 2014: decrease of 13 percent

3.         Florida

Foreclosure rate: 1 in every 703 homes

Change from November 2015: decrease of 6 percent

Change from December 2014: decrease of 22 percent

2.         Maryland

Foreclosure rate: 1 in every 581 homes

Change from November 2015: decrease of 11 percent

Change from December 2014: decrease of 7 percent

1.             New Jersey

Foreclosure rate: 1 in every 553 homes

Change from November 2015: decrease of .09 percent

Change from December 2014: decrease of 48 percent


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