Here are some quick foreclosure stats I came across recently:
- Every three months, 250,000 new families go into foreclosure.
- Foreclosure filings were reported on 234,685 properties nationwide during March, a 57% increase from March 2007.
- One in every 538 U.S. households received a foreclosure filing during March.
- One out of every 200 homes will be foreclosed upon. For a city like Washington, that translates to 3,000 Washingtonians losing their homes to foreclosure each year.
- One child in every classroom in America is at risk of losing his/her home because their parents are unable to pay their mortgage.
- More than 6 in 10 homeowners delinquent in their mortgage payments are not aware of services that mortgage lenders can offer to individuals having trouble with their mortgage.
- Foreclosure filings were reported on 64,711 California properties in March, the most of any state for the 15th consecutive month.
- California foreclosure activity increased nearly 21 percent from the previous month and almost 106 percent from March 2007.
- One in every 204 California households received a foreclosure filing in March – 2.6 times the national average.
- According to Realtytrac.com, a source for foreclosure listings:
- There are currently 2,934,626 US foreclosure listings.
- The top 5 foreclosure States are:
- California leading with 303,777 listings.
- Florida – 191,706 foreclosure listings.
- Ohio – 105,880 foreclosure listings.
- Texas – 79,683 foreclosure listings.
- Georgia – 52,210 foreclosure listings.
