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The state posted 58,931 foreclosure filings includingdefault notices, scheduled auctions and bank repossessione — in May, down 8.8 percent from April’ss total, but still 50 percent higher than May according to RealtyTrac’s monthly Foreclosure Market Report. Only California had a highere total, with 92,249 properties with May 2009 foreclosure filings. The Sunshine State was No. 3 in the natiob in foreclosure rates, with one in every 148 householdd receiving a foreclosure filingin May. Nevada led the country with one in everu 64 homes receivinga filing, while Californiaz was second highest with one in every 144. The Orlando-Kissimmew market took the No.
8 spot among the nation’x top 10 metro areas with the highestforeclosured rates. The area recorded a rate of one foreclosured filing for every101 homes. Florida had three citie among the top 10metro areas, while California had six citiesw among that mix. Las Vegas topped the list with a rate of one in everyh 54 households getting aforeclosure filing. 321,480 foreclosure filings were reportedin May, whichg is 6 percent lowerr than April 2009, but about 18 percen t higher than May 2008. One in every 398 U.S. homesw received a foreclosure notice last Vermont again recorded the lowest numberof foreclosures, with six reportec in May, or one for every 51,907 households. The RealtyTrac U.S.
Foreclosure Markert Report provides the total number of propertiezs with at least one foreclosure filing reportedf duringthe month. Data is collecte d from more than 2,200 countiex that account for more than 90 percent ofthe nation’se population.
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