Foreclosures in May were down 19% from the previous year, the 20th straight month of year-over-year declines, according to data released by ATTOM Data Solutions.
A total of 81,495 U.S. properties had a foreclosure filing in May, or one in every 1,636 units. Despite the declines, some states continue to struggle with foreclosures, particularly New Jersey, where foreclosure rates are high in communities like Atlantic City and Trenton.
A foreclosure can wreak havoc on a homeowner’s credit. You can see how your mortgage or foreclosure is affecting your credit score by checking your free credit report summary on Credit.com.
Here are the ten states with the highest foreclosure rates.
10. South Carolina
May 2017 Foreclosure Rate: 1 in every 1,186 housing units
Change from April 2017: Up 1.89% (was No. 8)
Change from May 2016: Down 20.41% (was No. 7)
9. Ohio
May 2017 Foreclosure Rate: 1 in every 1,176 housing units
Change from April 2017: Up 8.25% (was No. 9)
Change from May 2016: Down 16.84% (was No. 9)
8. New Mexico
May 2017 Foreclosure Rate: 1 in every 1,168 housing units
Change from April 2017: Up 73.50% (was No. 20)
Change from May 2016: Down 11.38% (was No. 10)
7. Florida
May 2017 Foreclosure Rate: 1 in every 1,140 housing units
Change from April 2017: Up 5.38% (was No. 7)
Change from May 2016: Down 35.00% (was No. 4)
6. Nevada
May 2017 Foreclosure Rate: 1 in every 1,108 housing units
Change from April 2017: Up 2.87% (was No. 6)
Change from May 2016: Down 22.76% (was No. 5)
5. Oklahoma
May 2017 Foreclosure Rate: 1 in every 1,081 housing units
Change from April 2017: Up 81.53% (was No. 19)
Change from May 2016: Up 63.84% (was No. 26)
4. Illinois
May 2017 Foreclosure Rate: 1 in every 1,057 housing units
Change from April 2017: Up 2.47% (was No. 5)
Change from May 2016: Down 16.90% (was No. 6)
3. Maryland
May 2017 Foreclosure Rate: 1 in every 1,006 housing units
Change from April 2017: Down 22.94% (was No. 3)
Change from May 2016: Down 30.80% (was No. 2)
2. Delaware
May 2017 Foreclosure Rate: 1 in every 753 housing units
Change from April 2017: Down 6.30% (was No. 2)
Change from May 2016: Down 4.18% (was No. 3)
1. New Jersey
May 2017 Foreclosure Rate: 1 in every 515 housing units
Change from April 2017: Up 9.29% (was No. 1)
Change from May 2016: Up 8.81% (was No. 1)
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