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#5) Illinois Foreclosures
#5) Illinois Foreclosures

In October 2013 the number of foreclosures in the state of Illinois dropped by 36% from previous

year. The volume of home sales dropped by 17% from previous month. For the homebuyer
outlook, the average sales price of foreclosed properties was $102,250, which is 45% lower than
non-distressed homes on the market.
Additional Statistics and Compensating Factors:

●
●
●
●
●

Total Population: 12,745,359
Median Household Income: $55,735
Unemployment Rate: 9.8%
% of Vacant Properties: 9.45%
# of Underwater Mortgages: 20% of 2,214,000 properties

Data Provided By: RealtyTrac.com
#4) Ohio Foreclosures
#4) Ohio Foreclosures

In October 2013 the number of foreclosures in the state of Ohio dropped by 34% from previous

year. The volume of home sales dropped by 17% from previous month. For the homebuyer
outlook, the average sales price of foreclosed properties was $50,000, which is 59% lower than
non-distressed homes on the market.
Additional Statistics and Compensating Factors:

●
●
●
●
●

Total Population: 11,512,431
Median Household Income: $47,358
Unemployment Rate: 7.50%
% of Vacant Properties: 10.87%
# of Underwater Mortgages: 18.8% of 2,139,000 properties

Data Provided By: RealtyTrac.com
#3) Maryland Foreclosures
#3) Maryland Foreclosures

In October 2013 the number of foreclosures in the state of Maryland rose by 201% from previous

year. The volume of home sales dropped by 15% from previous month. For the homebuyer
outlook, the average sales price of foreclosed properties was $160,000, which is 38% lower than
non-distressed homes on the market.
Additional Statistics and Compensating Factors:

●
●
●
●
●

Total Population: 5,696,423
Median Household Income: $170,647
Unemployment Rate: 7.50%
% of Vacant Properties: 9.93%
# of Underwater Mortgages: 17.3% of 1,361,000 properties

Data Provided By: RealtyTrac.com
#2) Nevada Foreclosures
#2) Nevada Foreclosures

In October 2013 the number of foreclosures in the state of Nevada dropped by 15% from

previous year. The volume of home sales rose by 14% from previous month. For the homebuyer
outlook, the average sales price of foreclosed properties was $140,000, which is 16% lower than
non-distressed homes on the market.
Additional Statistics and Compensating Factors:

●
●
●
●
●

Total Population: 2,633,331
Median Household Income: $55,726
Unemployment Rate: 9.90%
% of Vacant Properties: 14.11%
# of Underwater Mortgages: 36.4% of 542,000 properties

Data Provided By: RealtyTrac.com
#1) Florida Foreclosures
#1) Florida Foreclosures

In October 2013 the number of foreclosures in the state of Florida dropped by 6% from previous

year. The volume of home sales dropped by 12% from previous month. For the homebuyer
outlook, the average sales price of foreclosed properties was $96,000, which is 35% lower than
non-distressed homes on the market.
Additional Statistics and Compensating Factors:

●
●
●
●
●

Total Population: 18,511,620
Median Household Income: $47,661
Unemployment Rate: 7.40%
% of Vacant Properties: 19.30%
# of Underwater Mortgages: 31.5% of 4,125,000 properties

Data Provided By: RealtyTrac.com

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Top Five Foreclosure States In October 2013

  • 2. #5) Illinois Foreclosures In October 2013 the number of foreclosures in the state of Illinois dropped by 36% from previous year. The volume of home sales dropped by 17% from previous month. For the homebuyer outlook, the average sales price of foreclosed properties was $102,250, which is 45% lower than non-distressed homes on the market. Additional Statistics and Compensating Factors: ● ● ● ● ● Total Population: 12,745,359 Median Household Income: $55,735 Unemployment Rate: 9.8% % of Vacant Properties: 9.45% # of Underwater Mortgages: 20% of 2,214,000 properties Data Provided By: RealtyTrac.com
  • 4. #4) Ohio Foreclosures In October 2013 the number of foreclosures in the state of Ohio dropped by 34% from previous year. The volume of home sales dropped by 17% from previous month. For the homebuyer outlook, the average sales price of foreclosed properties was $50,000, which is 59% lower than non-distressed homes on the market. Additional Statistics and Compensating Factors: ● ● ● ● ● Total Population: 11,512,431 Median Household Income: $47,358 Unemployment Rate: 7.50% % of Vacant Properties: 10.87% # of Underwater Mortgages: 18.8% of 2,139,000 properties Data Provided By: RealtyTrac.com
  • 6. #3) Maryland Foreclosures In October 2013 the number of foreclosures in the state of Maryland rose by 201% from previous year. The volume of home sales dropped by 15% from previous month. For the homebuyer outlook, the average sales price of foreclosed properties was $160,000, which is 38% lower than non-distressed homes on the market. Additional Statistics and Compensating Factors: ● ● ● ● ● Total Population: 5,696,423 Median Household Income: $170,647 Unemployment Rate: 7.50% % of Vacant Properties: 9.93% # of Underwater Mortgages: 17.3% of 1,361,000 properties Data Provided By: RealtyTrac.com
  • 8. #2) Nevada Foreclosures In October 2013 the number of foreclosures in the state of Nevada dropped by 15% from previous year. The volume of home sales rose by 14% from previous month. For the homebuyer outlook, the average sales price of foreclosed properties was $140,000, which is 16% lower than non-distressed homes on the market. Additional Statistics and Compensating Factors: ● ● ● ● ● Total Population: 2,633,331 Median Household Income: $55,726 Unemployment Rate: 9.90% % of Vacant Properties: 14.11% # of Underwater Mortgages: 36.4% of 542,000 properties Data Provided By: RealtyTrac.com
  • 10. #1) Florida Foreclosures In October 2013 the number of foreclosures in the state of Florida dropped by 6% from previous year. The volume of home sales dropped by 12% from previous month. For the homebuyer outlook, the average sales price of foreclosed properties was $96,000, which is 35% lower than non-distressed homes on the market. Additional Statistics and Compensating Factors: ● ● ● ● ● Total Population: 18,511,620 Median Household Income: $47,661 Unemployment Rate: 7.40% % of Vacant Properties: 19.30% # of Underwater Mortgages: 31.5% of 4,125,000 properties Data Provided By: RealtyTrac.com