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Even though national foreclosure rates have dipped slightly, 21 states have seen an increase in foreclosure rates.  According to a Reality Trac report , markets on the East Coast and Midwest were hardest hit by foreclosure increases. “February’s numbers point to a gradually rising foreclosure tide as some of the barriers that have been holding back foreclosures are removed,” said Brandon Moore, CEO of RealtyTrac said in a statement. “Although national foreclosure activity was pushed lower by decreases in a handful of larger states, 21 states posted annual increases in foreclosure activity, the most states with annual increases since November 2010.” Also according to the report, Riverside-San-Bernardino, Atlanta, Phoenix, Miami and Chicago were the metro areas with the highest foreclosure rates.

21 States See Rise in Foreclosure Rates

Even though national foreclosure rates have dipped slightly, 21 states have seen an increase in foreclosure rates. 

According to a Reality Trac report, markets on the East Coast and Midwest were hardest hit by foreclosure increases.

“February’s numbers point to a gradually rising foreclosure tide as some of the barriers that have been holding back foreclosures are removed,” said Brandon Moore, CEO of RealtyTrac said in a statement. “Although national foreclosure activity was pushed lower by decreases in a handful of larger states, 21 states posted annual increases in foreclosure activity, the most states with annual increases since November 2010.”

Also according to the report, Riverside-San-Bernardino, Atlanta, Phoenix, Miami and Chicago were the metro areas with the highest foreclosure rates.

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