Top 10 states where foreclosures have caused prices to fall.

[Nick Gromicko]

U.S. foreclosures rose 7% in October from the previous month, and frequently these foreclosures result in sales that reduce home prices. A new report for RealtyTrac lists the 10 states with highest foreclosure savings in October.

Oklahoma
Foreclosure savings: 60%
Average foreclosure sales price: $58,218
1 in every 801 housing units received a foreclosure filing in
October 2011

Kentucky
Foreclosure savings: 52%
Average foreclosure sales price: $84,170
1 in every 2,028 housing units received a foreclosure filing in
October 2011

Texas
Foreclosure savings: 46%
Average foreclosure sales price: $104,602
1 in every 988 housing units received a foreclosure filing in
October 2011

Michigan
Foreclosure savings: 43%
Average foreclosure sales price: $78,290
1 in every 282 housing units received a foreclosure filing in
October 2011

Delaware
Foreclosure savings: 42%
Average foreclosure sales price: $143,925
1 in every 498 housing units received a foreclosure filing in
October 2011

Pennsylvania
Foreclosure savings: 41%
Average foreclosure sales price: $104,780
1 in every 1,525 housing units received a foreclosure filing in
October 2011

Louisiana
Foreclosure savings: 39%
Average foreclosure sales price: $97,007
1 in every 1,213 housing units received a foreclosure filing in
October 2011

Illinois
Foreclosure savings: 39%
Average foreclosure sales price: $124,755
1 in every 423 housing units received a foreclosure filing in
October 2011

Georgia
Foreclosure savings: 37%
Average foreclosure sales price: $118,535
1 in every 406 housing units received a foreclosure filing in
October 2011

Maryland
Foreclosure savings: 36%
Average foreclosure sales price: $150,053
1 in every 1,954 housing units received a foreclosure filing in
October 2011