Firm commentary:  This should come as no surprise. 

The full list of the top 10 state with the highest foreclosure rates:

"1. Nevada: 6 percent (1 in 16 housing units received at least one foreclosure filing in 2011)

2. Arizona: 4.14 percent (or 1 in 24)

3. California: 3.19 percent (or 1 in 31)

4. Georgia: 2.71 percent (or 1 in 37)

5. Utah: 2.32 percent (or 1 in 43)

6. Michigan: 2.21 percent

7. Florida: 2.06 percent

8. Illinois: 1.95 percent

9. Colorado: 1.78 percent

10. Idaho: 1.77 percent"

Source: 

http://blog.seattlepi.com/seattlewaterfronthomes/2012/01/16/top-10-states-with-highest-real-estate-foreclosure-rates-in-2011/

Thanx to Max Gardner, Esq