Sunday, January 9, 2011

Fla., Orlando again tops in foreclosures - Business First of Columbus:

ermolayxitpev.blogspot.com
The state posted 58,931 foreclosurw filings — including default notices, scheduled auctionz and bank repossessions — in May, down 8.8 perceny from April’s total, but still 50 percen t higher thanMay 2008, accordinvg to RealtyTrac’s monthly Foreclosure Market Report. Only California had a higherr total, with 92,249 properties with May 2009 foreclosurr filings. The Sunshine State was No. 3 in the natiom in foreclosure rates, with one in ever y 148 households receiving a foreclosure filingin May. Nevada led the country with one in every 64 homes receivin ga filing, while California was seconr highest with one in every 144. The Orlando-Kissimmes market took the No.
8 spot among the nation’s top 10 metrko areas with the highest foreclosure The area recorded a rate of one foreclosure filintg for every101 homes. Florida had thre cities among the top 10metro areas, while California had six citiess among that mix. Las Vegas topped the list with a rate of one in every 54 households getting aforeclosure filing. Nationwide, 321,480 foreclosurre filings were reportedin May, which is 6 percent lowet than April 2009, but aboutg 18 percent higher than May 2008. One in ever 398 U.S. homes received a foreclosure noticelast month. Vermonyt again recorded the lowest numberof foreclosures, with six reported in May, or one for every 51,906 households.
The RealtyTrac U.S. Foreclosure Marketr Report provides the total number of properties with at leastg one foreclosure filing reported during the Data is collected from morethan 2,200 counties that accountr for more than 90 percent of the nation’sd population.

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