According to RealtyTrac, there was a 3% increase in the number of foreclosure filings (default notices, scheduled auctions and bank repossessions) from December 2011 to January 2012, but a 19% drop from the same period one year ago.  

The number of monthly foreclosure filings has increased dramatically since 2005.  In September 2005 there were less than 70,000 foreclosure filings.  This number rose to almost 370,000 in March 2010.  The number has since decreased somewhat to about 211,000 in January 2012.  

 

 

States with the highest foreclosure rates in January 2012 were Nevada (1 in 198 units),  California (1 in 265 units), and Arizona (1 in 325 units). Nevada had the highest foreclosure rate for the 61st month, despite a 52% drop in foreclosure filings from one year ago.  In January, California’s foreclosure rate represented a 50-month low.  Arizon’s foreclosure rate increased 14% from the previous month. 

RealtyTrac’s Trend Center provides an interactive map of foreclosures in local areas across the country.  

Other U.S. housing data can be found on our website for precarious housing and homelessness.

Data are also available on housing conditions in Michigan, Mississippi, and New Mexico.