New Jersey retains the unpopular distinction of having the highest foreclosure rate in the nation, according to ATTOM Data Solutions, a curator of the United States’ largest multisource property database.
In New Jersey, 1.61 percent of properties had a foreclosure filing for 2017, followed by Delaware (1.13 percent), Maryland (0.95 percent), Illinois (0.86 percent) and Connecticut (0.78 percent.)
On a local level, according to the report, among 217 metropolitan areas of at least 200,000 people, the Atlantic City area had the highest foreclosure rates in 2017, with 2.72 percent of housing units having a foreclosure filing.
The resort was followed by Trenton (1.68 percent) and Philadelphia (1.26 percent.)
New Jersey also was in the top three in biggest backlogs of legacy foreclosures.
Across the U.S., 50 percent of all loans actively in foreclosure originated between 2004 and 2008.
The states with the largest backlogs of these foreclosures are New York (25,886), New Jersey (20,172) and Florida (19,494.)