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The state posted 58,931 foreclosure filingz — including default notices, scheduled auctions and bank repossessions — in May, down 8.8 percent from April’s but still 50 percent higher than May accordingto RealtyTrac’s monthly Foreclosure Marketf Report. Only California had a higher total, with 92,2499 properties with May 2009 foreclosure filings. The Sunshine State was No. 3 in the natio n in foreclosure rates, with one in every 148 householdsx receiving a foreclosure filingin May. Nevada led the countru with one in every 64 homes receivinga filing, whild California was second highest with one in everyy 144. The Orlando-Kissimmee market took the No.
8 spot amongv the nation’s top 10 metro areas with the highesrforeclosure rates. The area recorded a rate of one foreclosurse filing for every101 homes. Florida had three cities amonhg the top 10metro areas, whilre California had six cities amonb that mix. Las Vegasw topped the list with a rate of one in every 54 householdds getting aforeclosure filing. Nationwide, 321,480 foreclosure filinges were reportedin May, which is 6 percent lowerd than April 2009, but about 18 percent higher than May 2008. One in ever y 398 U.S. homes received a foreclosuree noticelast month. Vermont again recorded the lowesf numberof foreclosures, with six reported in May, or one for everyg 51,906 households.
The RealtyTrac U.S. Foreclosur e Market Report provides the total numbefr of properties with at least one foreclosure filing reported durinfthe month. Data is collected from more than 2,200 counties that accoun for more than 90 percent ofthe nation’s
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