For the month of December in 2011 California had 52,808 foreclosures listed. Florida came in second with 24,576 properties on their list, having about half that of CA.

2nd Michigan (13,128)
3rd Illinois (12,639)
4th Georgia (10,657)
5th Ohio (8,738)
6th Texas (8,586)
7th Arizona (7,706)
8th Nevada (6,416)
9th Wisconsin (4,124)

These numbers are for properties that have received a foreclosure filling, notice of default, foreclosure auction notice, or bank repossession in the month of December, 2011. This information means 1 in ever 364 housing units has received a foreclosure filing in December of 2011.
As a real estate investor now is a good time to buy. The prices are low and the inventory is high, you WILL make profit if you know what you’re doing. We have offices and in-house education in Arizona, California and Nevada. We can help you take advantage of the current market in all three states.