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Real Estate Investments >> Real Estate Investor Websites >> U.S. Foreclosure Market Report Mid-year 2009

California, Florida, Arizona received highest foreclosure filing in the first half of 2009

A total of 1,528,364 foreclosure filings were reported on U.S properties in the first six months of 2009 which means a 9 percent increase in total properties from the previous six months and a nearly 15 percent increase in total properties from the first six months of 2008. Foreclosure filings means default notices, auction sale notices and bank repossessions.

Nearly 391,611 California properties received a foreclosure filing in the first half of 2009, the nation’s highest total.  Florida received the second highest foreclosure filing being 268,064 properties. The third highest foreclosure filing total is received by Arizona State which accounts for nearly 89,799 properties.

Other top 10 states that received highest foreclosure filings were Illinois (68,932), Nevada (68,708), Michigan (60,786), Ohio (58,937), Georgia (56,391), Texas (49,144) and Virginia (28,368).

U.S. Foreclosure Market Data by State - Jan to Jun 2009

State Name Total Properties with Filings

 

U.S.                                                          1,528,364

 

 

Alabama

9,657

Alaska

1,072

Arizona

89,799

Arkansas

8,646

California

391,611

Colorado

26,565

Connecticut

8,801

Delaware

1,559

District of Columbia

1,776

Florida

268,064

Georgia

56,391

Hawaii

3,603

Idaho

7,952

Illinois

68,932

Indiana

24,665

Iowa

2,996

Kansas

4,660

Kentucky

4,356

Louisiana

5,160

Maine

1,540

Maryland

18,112

Mass

18,458

Michigan

60,786

Minnesota

15,537

Mississippi

2,175

Missouri

13,880

Montana

290

Nebraska

638

Nevada

68,708

New Hampshire

4,044

New Jersey

23,889

New Mexico

2,631

New York

24,210

North Carolina

12,642

North Dakota

200

Ohio

58,937

Oklahoma

5,609

Oregon

19,053

Pennsylvania

23,864

Rhode Island

3,172

South Carolina

13,145

South Dakota

256

Tennessee

20,365

Texas

49,144

Utah

13,496

Vermont

35

Virginia

28,368

Washington

19,855

West Virginia

663

Wisconsin

17,984

Wyoming

413

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