Indiana Foreclosure Rate: 1 Out of Every 516

The Indianapolis Business Journal reported the other day that 1 out of every 516 Indiana homeowners was in one stage of foreclosure or another in October, ranking the state ninth in the country. They also stated that this figure is up 19.3% from September and 50.7% from a year ago. By comparison, they wrote that Nevada ranked first in the nation with 1 foreclosure for every 154 homeowners.