Friday, April 20, 2012

Fla., Orlando again tops in foreclosures - Denver Business Journal:

symowugebeda.blogspot.com
The state posted 58,931 foreclosure filings — includintg default notices, scheduled auctions and bank repossessions in May, down 8.8 percent from April’ total, but still 50 percent higher than May according to RealtyTrac’s monthly Foreclosurwe Market Report. Only California had a higher total, with 92,249 properties with May 2009 foreclosurw filings. The Sunshine State was No. 3 in the natioj in foreclosure rates, with one in every 148 householdw receiving a foreclosure filingbin May. Nevada led the country with one in everu 64 homes receiving a while California was second highest with one inevergy 144. The Orlando-Kissimmee market took the No.
8 spot among the nation’zs top 10 metro areas with the highesrtforeclosure rates. The area recordede a rate of one foreclosure filing for every 101 Florida had three cities among the top 10 metro areas, while California had six citiezs among that mix. Las Vegas topped the list with a rate of one in every 54 households getting aforeclosure filing. Nationwide, 321,480 foreclosurr filings were reportedin May, which is 6 percent lower than Aprilo 2009, but about 18 percent higher than May 2008. One in everyt 398 U.S. homes received a foreclosure noticewlast month. Vermont again recordef the lowest numberof foreclosures, with six reported in May, or one for everyu 51,906 households.
The RealtyTrac U.S. Foreclosure Market Report provideas the total number of properties with at least one foreclosuree filing reported duringthe month. Data is collectee from more than 2,200 counties that account for more than 90 percen ofthe nation’s population.

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