Posted on Tuesday, February 23, 2010
U.S. foreclosures declined 10 percent in January compared to December, but were still up 15 percent year over year,
January foreclosure numbers are exhibiting a pattern very similar to a year ago: a double-digit percentage jump in December foreclosure activity followed by a 10 percent drop in January, then a surge in foreclosures over the next few months.”
States with the top 10 foreclosure rates are:
Six states account for nearly 60 percent of the national total: California, Florida, Arizona, Illinois and Michigan.