1H-2009 saw 1.5 million homes start the foreclosure process

According to CNN, during the first half of 2009 1.5 million homes began the trek down the foreclosure process---representing 1 in every 89 households.

CNN which used data provided by realtyTrac broke down the data to show the 10 states where the most mortgage foreclosure activity is taking place. Here's the data:

1. Nevada 1 in every 16 houses in foreclosure
2. Arizona 1 in every 30
3. Florida 1 in every 33
4. California 1 in 34 houses
5. Utah 1 in 69
6. Georgia 1 in 70
7. Michigan 1 in 74
8. Illinois 1 in 76
9. Idaho 1 in 79
10. Colorado 1 in 80
11. Ohio 1 in every 86

Nevada leads the nation in the highest rate of houses in foreclosure

Realtytrac.com today issued a report that included data on the percentage of housing units in foreclosure. Overall, the United States has 1.84% of home mortgages in foreclosure---That is up 81% from 2007.

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The Top-10 worst states for foreclosure rates are:

1. Nevada--7.3%
2. Florida--4.5%
3. Arizona--4.5%
4. California--4.0%
5. Colorado--2.4%
6. Michigan--2.4%
7. Ohio--2.3%
8. Georgia--2.2%
9. Illinois--1.9%
10. New Jersey--1.8%