Quote Wizard: 20.2% of New Jersey residents face foreclosure or eviction
With rising housing costs, prolonged unemployment and stagnant wages, the number of people worried about losing their homes is increasing fast. Our analysts found that in New Jersey, 20.2% of people say they could face foreclosure or be evicted in the next two months.
Our full report, including a breakdown of all 50 states and demographic analysis is available here:
https://quotewizard.com/news/
|
States with the highest risk of foreclosure or eviction |
|||
|
State |
% at risk of foreclosure |
% behind on mortgage payments |
% at risk of eviction |
|
Maine |
6.4% |
4.7% |
70.2% |
|
Rhode Island |
14.5% |
5.0% |
38.4% |
|
Arizona |
4.5% |
4.1% |
40.8% |
|
Colorado |
4.6% |
5.1% |
40.1% |
|
Arkansas |
11.5% |
12.1% |
33.1% |
|
Wyoming |
3.8% |
4.2% |
38.4% |
|
Alaska |
8.0% |
6.3% |
32.3% |
|
Georgia |
9.5% |
9.4% |
23.9% |
|
Nebraska |
3.5% |
3.1% |
29.4% |
|
Oregon |
5.0% |
4.2% |
27.3% |
|
Wisconsin |
4.2% |
5.9% |
27.3% |
|
Ohio |
4.2% |
7.1% |
27.0% |
|
Illinois |
7.1% |
4.1% |
23.2% |
|
Louisiana |
12.1% |
7.9% |
18.2% |
|
South Carolina |
7.5% |
7.1% |
22.0% |
|
Nevada |
10.9% |
7.4% |
9.2% |
|
Massachusetts |
6.9% |
5.9% |
10.3% |
|
Pennsylvania |
6.8% |
5.9% |
9.9% |
|
Connecticut |
6.7% |
8.9% |
4.4% |
|
Delaware |
4.7% |
8.9% |
19.1% |
|
New Jersey |
7.1% |
8.3% |
13.1% |
Press Release
SEATTLE, W.A., May 19, 2021 — QuoteWizard®, a LendingTree company, and one of the nation’s leading online insurance marketplaces, released a new report on growing housing fears.
Our team of analysts found that nearly 25% (1 in 4) of Americans are worried they will face foreclosure or eviction in the next two months.
“We have rising housing costs, prolonged unemployment and stagnant income and when you combine those three things people are really worried about not being able to afford to keep a roof over their heads,” said Nick VinZant, Sr. Research Analyst and Insurance Expert with QuoteWizard.
Fear of foreclosure or eviction is particularly high in some states. Nearly 40% of people in Maine, Rhode Island, Arizona, Colorado and Wyoming are worried about losing their homes.
Our full report on rising eviction and foreclosure fears is available at the link below:
https://quotewizard.com/news/
Key findings:
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Nearly 18% of renters and 7% of homeowners are worried they will soon lose their homes.
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Almost 6% of people are behind on their mortgage payments.
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Rhode Island, Louisiana and Arkansas have the highest numbers of people facing foreclosure.
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Maine, Arizona and Colorado have the highest numbers of people facing eviction.
About QuoteWizard QuoteWizard (quotewizard.com) is an insurance comparison marketplace for consumers looking to save on insurance. QuoteWizard provides consumers with direct access to thousands of qualified agents in all 50 states, as well as major carriers, who offer personalized quotes and the opportunity to save up to 40% on auto, home, health, and life
insurance. Agents and carriers, in turn, benefit from millions of highly qualified leads, calls, and traffic to their site. Based in Seattle, QuoteWizard was founded in 2006.
For more information, go to quotewizard.com, like our Facebook page and/or follow us on Twitter @quotewizard.
