New Jersey leads the United States in foreclosures. In fact, as of June 2016, just under 1% of the state’s entire housing was in foreclosure. Unfortunately, it doesn’t seem like things are getting better. New data shows that 65,000 people in the state are behind on their mortgage payments, making these properties “distressed”. State officials are considering ways to help people who have fallen behind, which may create opportunities in the very near future.
New Jersey vs. the National Average