On the eve of the Super Tuesday primaries and caucuses that could make or break candidates for the Republican nomination, here is a quick look at where the 10 states involved stand in terms of foreclosures.
Taken together these states had 291,290 properties with foreclosure filings in 2011, representing 15 percent of the national total of nearly 1.9 million properties with foreclosure filings during the year.
The biggest share of that foreclosure total among the Super Tuesday states was in Georgia, where 110,273 properties had foreclosure filings in 2011. Georgia’s foreclosure rate also ranked highest among the 10 states in 2011, with 2.71 percent of the state’s housing units with a foreclosure filing during the year. That was higher than the national average of 1.45 percent and ranked No. 4 among all 50 states.
Idaho’s foreclosure rate ranked No. 10 among the 50 states in 2011, with 1.77 percent of housing units with a foreclosure filing, and Ohio’s foreclosure rate ranked No. 11, with 1.56 percent of housing units with a foreclosure filing. Foreclosure rates in the remaining seven Super Tuesday states ranked between No. 24 (Tennessee) and No. 50 (North Dakota).
Foreclosure activity in seven of the 10 Super Tuesday states decreased in 2011 compared to the last presidential election year, 2008. This was thanks in part to an artificial slowdown in foreclosure activity in 2011 because of delays in processing and paperwork, but that decrease may be helping at least some voters to believe the housing market is improving.