Weathering the Storm
Texas was the only one of the 10 most populous states that saw a decrease in foreclosure activity over the year ending in February 2008.
Percent Change in Foreclosure Filings,
February 2007 through February 2008
- Texas had 1.01% fewer foreclosure filings for the year.
- In Georgia, foreclosure filings increased 4.62%.
- In New York, foreclosure filings increased 15.18%.
- In Michigan, foreclosure filings increased 17.84%.
- In North Carolina, foreclosure filings increased 20.38%.
- In Pennsylvania, foreclosure filings increased 22.22%.
- In Ohio, foreclosure filings increased 38.89%.
- In Florida, foreclosure filings increased 69.49%.
- In California, foreclosure filings increased 131.16%.
- The U.S. average was an increase of 59.84% over last year.
Source: Realtytrac.com