2008 Foreclosure Statistics

Here are some statistics detailing the foreclosure crisis plaguing many areas of the United States.

2008 Foreclosure Data

Colorado - 18,996 (5th)
1 in every 110
33% from previous quarter
178% from Q1 2007

Florida - 87,893 (4th)
1 in every 97
Up 17% since previous quarter
up 245% from Q1 2007

Arizona - 27,404 (3rd)
1 in every 95
45% from previous quarter
245% from Q1 2007

California - 169,831 (2nd)
1 in every 78
32% from previous quarter
213% from Q1 2007

Nevada - 19,595 (1st)
1 in every 54
3% from previous quarter
137% from Q1 2007

Michigan, Massachussetts, Connecticut and Ohio were also in the top 10.


US - 649,917
1 in every 194
23% from previous quarter
112% from Q1 2007.

These statistics are provided by RealtyTrac, an organization that formed in the wake of the Subprime Mortgage Crisis. Pretty depressing, huh? These statistics show that this crisis has affected nearly every market in America, from the West Coast, the East Coast, the South, the Midwest, the Rust Belt, the Corn Belt, the Bible Belt and the Sun Belt. Nobody is really safe.