Too many local foreclosures? Nevada 10 times worse

For the 59th month in a row, Nevada continues to have the highest foreclosure rate in the country – despite a new law that took effect in October that changed the state’s foreclosure process and was expected to curtail foreclosures there.

Although foreclosures were down 43 percent year-over-year in Nevada, its foreclosure rate still remained higher than any other state and more than 10 times greater than Washington state.

The following are the top 10 states with the highest foreclosure rates in the country in November, according to RealtyTrac data.

1. Nevada: 1 in every 175 home received a foreclosure filing in November

2. California: 1 in every 211 homes

3. Arizona: 1 in every 256 homes

4. Utah: 1 in every 290 (Utah saw a 74 percent increase in November from October in foreclosure activity.)

5. Georgia: 1 in every 330 homes

6. Michigan: 1 in every 330 homes

7. Florida: 1 in every 358 homes

8. Illinois: 1 in every 427 homes

9. Ohio: 1 in every 500 homes

10. South Carolina: 1 in every 517 (This is the first time South Carolina has made it into the top 10 for foreclosure activity since RealtyTrac began tracking in 2005.)

RealtyTrac reported 2,625 foreclosures in Washington state; one in every 1,072 homes.