Thursday, July 28, 2011

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

http://cufurac.comyr.com/
The state posted 58,931 foreclosure filings includingdefault notices, scheduled auctions and bank repossessionsd — 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 Californias had a higher total, with 92,249 properties with May 2009 foreclosure filings. The Sunshine State was No. 3 in the nation in foreclosure rates, with one in every 148 households receiving a foreclosure filingin May. Nevadsa led the country with one in everyg 64 homes receivinga filing, while California was secondc highest with one in every 144. The Orlando-Kissimmee market took the No.
8 spot among the nation’s top 10 metrol areas with the highest foreclosure The area recorded a rate of one foreclosurew filing for every101 homes. Floridw had three cities amon g the top 10metro areas, while California had six cities among that mix. Las Vegae topped the list with a rate of one in every 54 householdds getting aforeclosure filing. Nationwide, 321,48p foreclosure filings were reportedin May, which is 6 percent lower than April 2009, but about 18 percent highefr than May 2008. One in every 398 U.S. homes received a foreclosure noticelast month. Vermonyt again recorded the lowest numbefrof foreclosures, with six reported in May, or one for everuy 51,906 households.
The RealtyTrac U.S. Foreclosure Markert Report provides the total number of properties with at leas one foreclosure filing reported during the Data is collected from morethan 2,200 counties that accoun t for more than 90 percenyt of the nation’s population.

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