U.S. Foreclosure Market Data for Top 10 States - Jan-Jun 2010

Rate Rank	State Name	Total Properties with FC Filings	%Housing Units	1/every X HU	%Change from Jul-Dec 09	%Change from Jan-Jun 09
--	U.S.	1,654,634	1.28	78	-5.14	8.26
1	Nevada	64,429	5.72	17	-13.2	-6.23
2	Arizona	91,484	3.36	30	-1.6	1.88
3	Florida	277,073	3.15	32	-8.61	3.36
4	California	340,740	2.54	39	-15.25	-12.99
5	Utah	18,058	1.91	52	2.03	33.8
6	Georgia	71,949	1.79	56	11.08	27.59
7	Michigan	78,509	1.73	58	7.99	29.16**
8	Idaho	10,799	1.68	59	-9.46	35.80
9	Illinois	85,223	1.61	62	-0.87	23.63
10	Colorado	30,177	1.4	71	-9.11	13.60

 

 

U.S. Foreclosure Market Data for Top 10 States - Q2 2010

Utah has joined the "Big 5" in terms of foreclosure filings, right behind the perrennial leaders Nevada, Arizona, Florida, and California. Utah now ranks 5th nationally in foreclosure numbers. One in every 52 Utah Homes received some sort of foreclosure notice over the past six months. This is not positive news for the recovery of the housing market, increased foreclosures will add continual downward pressure on home values.