Who has the highest foreclosure rate in the nation?


This great piece of data comes thanks to The Real Estate Bloggers. With close to a 1% foreclosure rate, Indiana leads the nation with highest percentage of properties foreclosed upon.  Followed by Ohio and Michigan, Indiana is just the first state to show the results of bad lending policies and risky mortgages.  It won’t be long before other states follow Indiana’s lead here, sadly.

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Joshua Dorkin

Joshua Dorkin (@jrdorkin, Google+) founded BiggerPockets.com when he saw a need for free, trustworthy information about real estate investing online. Over the past 12 years, Josh has grown the site from self-funded hobby to full-time job and passion. Today, BiggerPockets brings together over 600,000 members, housing the world’s largest library of real estate content, iTunes’ #1 real estate podcast, and an array of analysis tools, all geared toward helping users succeed.


  1. I believe Ohio and Indiana swap from month-to-month for the leading state in foreclosures. I think it is more the economy and jobs (lack thereof) that contribute highly to foreclosure rates. Ohio is/was the 47th in the union in for job-creation. Another factor is that many Americans are just living in the here-and-now, satisfying their immediate gratification by running up charge-cards, refinancing their home to buy a Harley, or a boat or a plasma TV. Credit card debt keeps on increasing at a rampant pace. ARMs and option-ARMs are catching up with home-owners. Just many, many factors involved.

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