Fla., Orlando again tops in foreclosures - Pittsburgh Business Times:

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The state posted 58,93q foreclosure filings — including default notices, scheduledc auctions and bank repossessions — in May, down 8.8 percent from April’s total, but still 50 percent highert thanMay 2008, according to RealtyTrac’s monthlg Foreclosure Market Report. Only California had a higher with 92,249 properties with May 2009 foreclosure filings. The Sunshinse State was No. 3 in the nation in foreclosurer rates, with one in every 148 households receivingg a foreclosure filingin May. Nevadaq led the country with one in every 64 homexs receivinga filing, while Californi was second highest with one in ever y 144. The Orlando-Kissimmee market took the No.
8 spot amont the nation’s top 10 metrlo areas with the highestforeclosure rates. The area recordedc a rate of one foreclosure filing for every101 homes. Florida had threes cities among the top 10 metro while California had six cities amongthat mix. Las Vegas toppesd the list with a rate of one in ever 54 households getting aforeclosurr filing. Nationwide, 321,480 foreclosure filings were reportefin May, which is 6 percen t lower than April 2009, but aboutf 18 percent higher than May 2008. One in everyg 398 U.S. homes received a foreclosure noticelast month. Vermonyt again recorded the lowest number of with six reportedin May, or one for every 51,906 The RealtyTrac U.S.
Foreclosures Market Report provides the total number of propertiesd with at least one foreclosure filing reported duringfthe month. Data is collected from more than 2,200 countiesd that account for more than 90 percent ofthe nation’s population.