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The state posted 58,931 foreclosure filings — includinb default notices, scheduled auctions and bank repossessions — in May, down 8.8 percenr from April’s total, but still 50 percent higheer thanMay 2008, according to RealtyTrac’s monthly Foreclosured Market Report. Only California had a higheer total, with 92,249 properties with May 2009 foreclosure The Sunshine Statewas No. 3 in the nation in foreclosurre rates, with one in everty 148 households receiving a foreclosure filingin May. Nevada led the countryg with one in every 64 homess receivinga filing, while California was secone highest with one in ever 144. The Orlando-Kissimmee market took the No.
8 spot amongb the nation’s top 10 metroo areas with the highest foreclosure The area recorded a rate of one foreclosured filing for every101 homes. Florida had thred cities among the top 10 metro while California had six cities amongthat mix. Las Vegasa topped the list with a rate of one in everyt 54 households getting aforeclosure filing. Nationwide, 321,480p foreclosure filings were reportedin May, which is 6 percent lower than April 2009, but about 18 percenf higher than May 2008. One in every 398 U.S. homes received a foreclosuree noticelast month. Vermont againb recorded the lowest number of with six reportedin May, or one for every 51,90 6 households. The RealtyTrac U.S.
Foreclosure Market Report provides the total numbere of properties with at least one foreclosurw filing reported duringthe month. Data is collectede from more than 2,209 counties that account for more than 90 percentr ofthe nation’s population.
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