2009 saw 2,824,674 foreclosed properties in the United States, and that's a 21% increase from 2008 and a 120% increase from 2007. Do you know which states offered the greatest foreclosure purchase opportunity?
In terms of total foreclosures, California ranked #1, with 632,573 foreclosed properties. Florida followed with 516,711. Arizona was a distant third with 163,210 foreclosures. But since California and Florida are pretty highly-populated states, what's more interesting is the portion of a given state's housing units that are in foreclosure. In terms of foreclosure density, the worst state is Nevada, with a whopping one foreclosure for every 10 properties. Arizona follows with one foreclosure for every 16 properties. Florida is right on its heels with one foreclosure for every 17 properties.
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USA-Bankruptcy-Guide.com Launches Premier USA Bankruptcy Lawyer Directory
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Bankruptcy Filings Continue to Increase in Arizona
According to the United States Courts official website, bankruptcy rates continue to increase across the nation. Arizona ranks number one for highest increase in bankruptcy filings from 2009 to 2010. To help Arizona’s citizens in financial distress, Jackson White Law continues to offer free bankruptcy consultations through their two Arizona bankruptcy attorneys (http://www.jacksonwhitelaw.com/bankruptcy) John N. Skiba and Kelly Black. Jackson White has also opened a new branch in the west valley.
