Foreclosure by State

Home foreclosure listing in the Washington area more than doubled over the past year due to the increase in foreclosures in areas populated by minorities. According to the nonprofit Urban Institute, the possibility is high that minority borrowers took out subprime loans during the boom.

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The list of foreclosed homes in Utah declined in October compared to September, but the level of foreclosures in the state is still high, based on a report released this week by a real estate research firm.
Additionally, foreclosure filings across Utah increased by almost 33 percent compared to filings in October last year, much higher than the nationwide increase rate of 19 percent. Analysts cited unemployment as the major reason for the increase in foreclosures.

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Great home buying opportunities exist in foreclosure home listing in Minnesota as home prices continue to fall throughout the state.

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The West Valley Art Museum in Surprise, Illinois is on the list of foreclosed properties. The art museum, which will celebrate its 30th anniversary, will be put on the foreclosure auction block unless it could settle its overdue loan payment amounting to $500,000.

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Michigan foreclosure listings have been growing faster in the suburbs than in the centers of metro areas, based on an analysis of nearly four years of metropolitan area foreclosures.

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Georgia foreclosure listings continue to grow as delinquent residential construction loans continue to worsen, based on statements issued by financial analysts concerning the third-quarter performance of Georgia banks.

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Illinois foreclosure listings are still growing, putting the state tenth in a ranking of state foreclosure rates in the July to September quarter as unemployment in the state continued to rise.

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Florida foreclosure listings are still growing and home prices are still falling as the unemployment rate in the state continues to rise, based on data from three real estate research firms.

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California Foreclosure Listings slowed in September, but foreclosed properties still defined the market and still constituted a strong force that affected sales prices.

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