Foreclosures in Obama's First Term Heat Map

Heat Map: Foreclosures in Obama’s First Term

September 7, 2012
By Daren Blomquist, RealtyTrac Vice President Text Size A A A

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The map below shows the percentage of housing units in each state that have been lost to foreclosure since January 2009, when President Barak Obama took office.

Four of the top 10 states with the highest percentage of housing units foreclosed are considered swing states in the upcoming presidential election, according to Politico. Those states are Nevada, where 10.55 percent of housing units have been lost to foreclosure in the last three and a half years, Michigan (7.46 percent foreclosed), Florida (3.57 percent foreclosed) and Colorado (3.24 percent foreclosed).

The swing state of Ohio also had a foreclosure rate above the national average, with 2.44 percent of all housing units foreclosed since the last presidential election.

Together, these five states account for 78 electoral votes, more than one-fourth of the 270 needed to win the election.

Also layered into the heat map are rates of housing unit growth since 2009. Not surprisingly, many of the states with the biggest percentage increase in housing units also have some of the nation’s highest foreclosure rates.

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