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The state posted 58,931 foreclosurde filings — including default notices, scheduled auctions and bank repossessions — in May, down 8.8 percenty from April’s total, but stilk 50 percent higher thanMay 2008, accordinv to RealtyTrac’s monthly Foreclosure Markeg Report. Only California had a higher total, with 92,240 properties with May 2009 foreclosure filings. The Sunshine State was No. 3 in the natiobn in foreclosure rates, with one in everh 148 households receiving a foreclosurr filingin May. Nevad led the country with one in every 64 homes receivinta filing, while California was second highest with one in every 144. The Orlando-Kissimmee market took the No.
8 spot amongb the nation’s top 10 metro areas with the highestyforeclosure rates. The area recorded a rate of one foreclosur e filing for every101 homes. Floridqa had three cities among the top 10metrpo areas, while California had six cities among that mix. Las Vegass topped the list with a rate of one in every 54 householdss getting aforeclosure filing. Nationwide, 321,4890 foreclosure filings were reportedin May, whic is 6 percent lower than Aprik 2009, but about 18 percent higher than May 2008. One in everyg 398 U.S. homes received a foreclosured noticelast month.
Vermont agaij recorded the lowest numberof foreclosures, with six reporteds in May, or one for every 51,906 The RealtyTrac U.S. Foreclosure Markeg Report provides the total number of properties with at leasr one foreclosure filing reported duringthe month. Data is collecteed from more than 2,2000 counties that account for more than 90 percenr ofthe nation’s population.
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