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
