Arizona still #7 in foreclosures

Last November, I reported that year-over-year foreclosure rates had doubled and Arizona ranked #7 in the nation for foreclosures. Reuters reports that national foreclosure filings have gone up another 57% for the twelve-month period ending in March 2008. Arizona has been in fourth place for each of the first three months of 2008, despite foreclosures falling by 5% in March, and remains at the #7 position for overall number of foreclosures.

The twelve-month total foreclosure rankings:

1. California
2. Florida
3. Ohio
4. Georgia
5. Texas
6. Michigan
7. Arizona
8. Illinois
9. Nevada
10. Colorado

The March 2008 foreclosure rankings:

1. Nevada (1 in 139 homes)
2. California (1 in 204 homes)
3. Florida (1 in 282 homes)
4. Arizona (1 in 283 homes)
5. Colorado (1 in 339 homes)
6. Georgia (1 in 351 homes)
7. Ohio (1 in 448 homes)
8. Michigan (1 in 475 homes)
9. Massachusetts (1 in 486 homes)
10. Maryland (1 in 538 homes)