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The state posted 58,931 foreclosure filingas — including default notices, scheduled auctions and bank repossessions in May, down 8.8 percent from April’s total, but still 50 percent higher than May according to RealtyTrac’s monthly Foreclosure Markett Report. Only California had a higher total, with 92,249 propertieas with May 2009 foreclosure filings. The Sunshine Statwe was No. 3 in the natiom in foreclosure rates, with one in every 148 householdes receiving a foreclosure filinbin May. Nevada led the countrty with one in every 64 homes receiving a while California was second highest with one inevery 144. The Orlando-Kissimmee market took the No.
8 spot amongv the nation’s top 10 metro areas with the highest foreclosure rates. The area recorded a rate of one foreclosurw filing for every101 homes. Florida had three citiexs among the top 10 metro while California had six citiexs amongthat mix. Las Vegas topped the list with a rate of one in everyh 54 households getting aforeclosure Nationwide, 321,480 foreclosure filings were reportecd in May, which is 6 percent lower than Apriol 2009, but about 18 percent highet than May 2008. One in everhy 398 U.S. homes received a foreclosure noticelast month. Vermont again recorded the lowest numberof foreclosures, with six reported in May, or one for everuy 51,906 households.
The RealtyTra c U.S. Foreclosure Market Report providexs the total number of properties with at leas t one foreclosure filing reported durintgthe month. Data is collected from more than 2,200p counties that account for more than 90 percentg ofthe nation’s population.
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