5 states account for 405 of all Foreclosures,

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Lindsay McLaughlin
Real Estate Entrepreneur · Liberty Twp., OH · Member since 2016 · 37 posts · 22 votes
10y

Thanks for sharing!  I'm also in Ohio...

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  • David Krulac
    OP
    Mechanicsburg, PA · Member since 2013 · 3k+ posts · 2k+ votes
    10y

    That's 40% of all foreclosures in the top 5 states!

    0Reply
  • Brian Pleshek
    Investor · Hamilton, OH · Member since 2016 · 272 posts · 77 votes
    10y

    Thanks @David Krulac.  That's good to know.  I'm in one of those areas, so that is fortunate.

    Brian

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  • Lindsay McLaughlin
    Real Estate Entrepreneur · Liberty Twp., OH · Member since 2016 · 37 posts · 22 votes
    10y

    Thanks for sharing!  I'm also in Ohio...

    1Reply
  • Jason Moran
    Emergency Room RN · Magnolia, TX · Member since 2016 · 43 posts · 8 votes
    10y
    California and Florida was expected, but Ohio was a little surprising to see
    1Reply
  • Michaela G.
    Investor · Atlanta, GA · Member since 2013 · 3k+ posts · 3k+ votes
    10y

    This is for what time frame?

    0Reply
  • David Krulac
    OP
    Mechanicsburg, PA · Member since 2013 · 3k+ posts · 2k+ votes
    10y

    @Michaela G.  this is for August 2016

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  • Michaela G.
    Investor · Atlanta, GA · Member since 2013 · 3k+ posts · 3k+ votes
    10y

    Ah, couldn't imagine that these were the foreclosures since AUg 2007, which was the only date mentioned. Otherwise Georgia would have needed to be in that top  5 ;-)

    0Reply
  • Kathy VillagomezPro Member
    Investor · Long Beach, CA · Member since 2016 · 60 posts · 20 votes
    10y

    Great info. Thanks for sharing.

    0Reply
  • Lesley Rodriguez
    Miami Lakes, FL · Member since 2016 · 22 posts · 7 votes
    10y
    David Krulac thanks for sharing
    0Reply
  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    10y

    David

    this stand to reason..  CA FLA and TX are the most populas states so more opps to default

    MI and OH  are in the rust belt and in areas that have more houses than people.

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  • Edward Torres
    Riverside, CA · Member since 2016 · 3 posts · 2 votes
    9y

    great info thanx ET

    0Reply
  • Anthony GaydenPro Member
    Rental Property Investor · Omaha, NE · Member since 2014 · 2k+ posts · 3k+ votes
    9y

    @David Krulac

    I'm not surprised at all to see California, Texas, and Florida on that list.

    Highest population states

    1. California 38,332,521 

    2. Texas 26,448,193 

    3. New York 19,651,127

    4. Florida 19,552,860

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  • David Krulac
    OP
    Mechanicsburg, PA · Member since 2013 · 3k+ posts · 2k+ votes
    9y

    The five states that account for 40% of the foreclosures, only make up 33% of the population.

    And NY, GA, IL, NC, & PA, all have more population than Ohio, but did not make the list.

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  • Dawn BrenengenBusiness Member
    Moderator
    Real Estate Broker · Raleigh, NC · Member since 2014 · 2k+ posts · 1k+ votes
    9y

    I think that was Jay's point - Ohio has more houses than people, so of course there are a lot of foreclosures there.

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  • David Krulac
    OP
    Mechanicsburg, PA · Member since 2013 · 3k+ posts · 2k+ votes
    9y

    @Dawn Brenengen

    My good friend @Jay Hinrichs, was speaking in Hyperbole ( a small village in up state)

    For the record Ohio has a population of 11,613,423, counting Lebron, and 5,156,307 housing units counting Lebron's.

    And Michigan has 9,922,576 population and 4,532,333 housing units.

    In both states the number of people versus houses is about 2:1

    Source: US Census Bureau

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  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    9y

    @David Krulac  so when you use that math the average household have 3.4 people in it or a little more ERGO more houses than peeps... including LeBron who clearly skews the numbers

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