Just weeks after Indianapolis was named America’s best city to buy a home, the state it sits in has been hit with an alarming distinction.
Indiana now has the highest foreclosure rate in the entire country. In February alone, the state recorded one foreclosure filing for every 1,597 housing units - more than double the national rate of one for every 3,701 homes.
The numbers reveal a stark contradiction: the same state touted as a prime opportunity for homebuyers is also seeing thousands of homeowners struggle to keep their properties.
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