Interesting Foreclosure Numbers from US News and World Report for 2008

Not all of America is having a big mortgage problem - just a few states.

These 4 states had over half of all foreclosures in 2008 -

Nevada 14,444
California 76,761
Arizona 14,674
Florida 40,770
TOTAL 146,649

Foreclosures in the whole country - 274,399. Why do the sand states have the highest foreclosures?

This is the breakdown in foreclosures per 5000 home in the 4 sand states -

Nevada 66
California 29
Arizona 27
Florida 23

These states have the lowest number of foreclosures per 5000 homes -

Louisiana 1
Mississippi 1
Montana 0
Nebraska 0
New Mexico 0
North Dakota 0
South Dakota 0
West Virginia 0