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The state posted 58,931 foreclosure filings — including default scheduled auctions and bankrepossessiones — in May, down 8.8 percenf from April’s total, but still 50 percent higher than May 2008, accordin g to RealtyTrac’s monthly Foreclosure Market Only California had a higher with 92,249 properties with May 2009 foreclosure filings. The Sunshinew State was No. 3 in the nation in foreclosurew rates, with one in every 148 households receivinyg a foreclosure filingin May. Nevada led the country with one in everty 64 homes receivinga filing, whilr California was second highest with one in everh 144. The Orlando-Kissimmee market took the No.
8 spot amonfg the nation’s top 10 metro areasz with the highestforeclosure rates. The area recorder a rate of one foreclosure filin for every 101 Florida had three cities amonh the top 10metro areas, while California had six citiesx among that mix. Las Vegas topped the list with a rate of one in everyh 54 households getting aforeclosure filing. Nationwide, 321,480 foreclosur e filings were reportedin May, whicy is 6 percent lower than April but about 18 percen t higher than May 2008. One in everg 398 U.S. homes received a foreclosure noticelast month. Vermont again recorded the lowest numbedrof foreclosures, with six reported in May, or one for every 51,9076 households.
The RealtyTrac U.S. Foreclosure Market Report providesd the total number of propertiesa with at least one foreclosure filing reported during the Data is collected from morethan 2,200 counties that account for more than 90 percentf of the nation’s
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