What is the US National Foreclosure Rate?

The US foreclosure rate at the end of 2011 is still somewhat high in my opinion 1 in every 563 housing units received a foreclosure filing notice in October 2011. How is Texas doing? The same measure was just 1 in 988 housing units in the same period, which is encouraging for those of us living in Austin. We’re not as safe as North Dakotans, but we’re almost 4 times safer on average than a homeowner living in California.

Check out the latest foreclosure data from RealtyTrac below.

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Garreth Wilcock is a licensed REALTORĀ® in the State of Texas with Keller Williams Realty.
All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental