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Survey: Foreclosures Leap In November

POSTED: 12:33 pm PST December 15, 2006
UPDATED: 12:58 pm PST December 15, 2006

November foreclosures on homes increased 68 percent compared to November 2005 and 4 percent over October, according to online marketplace for foreclosure properties.

The RealtyTrac report showed that 120,334 properties nationwide entered some stage of foreclosure during the month.

Defaults, auctions and bank repossessions all trended higher in November, bringing the year-to-date foreclosure total to almost 1.2 million, up 43 percent from the same 11-month period of 2005, the report said.

Nevada recorded the highest foreclosure rate in November, replacing Colorado which led all states for eight consecutive months. Nevada reported 2,506 properties entering some stage of foreclosure during the month, almost triple the number reported in November 2005.

Vermont reported the lowest foreclosure rate, the report said.

Here are how the states rank for November 2006, according to RealtyTrac


1Nevada
2Colorado
3Georgia
4Ohio
5Texas
6Michigan
7California
8New Jersey
9Indiana
10Tennessee
11Arizona
12Florida
13Illinois
14Utah
15Connecticut
16Mass.
17Nebraska
18Arkansas
19Missouri
20New York
21Oklahoma
22Pennsylvania
23Washington
24Oregon
25Alaska
26North Carolina
27Idaho
28Iowa
29Wisconsin
30Kansas
31Rhode Island
32Alabama
33New Mexico
34Kentucky
35South Carolina
36Minnesota
37Louisiana
38Montana
39Maryland
40Wyoming
41Hawaii
42Virginia
43South Dakota
44Delaware
45Mississippi
46West Virginia
47North Dakota
48New Hampshire
49Maine
50Vermont

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