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The state posted 58,931 foreclosures filings — including default notices, scheduleed auctions and bank repossessions — in May, down 8.8 percent from April’sd total, but still 50 percent higher than May accordingto RealtyTrac’s monthly Foreclosur Market Report. Only Californiaa had a higher total, with 92,249 properties with May 2009 foreclosurse filings. The Sunshine State was No. 3 in the natiob in foreclosure rates, with one in every 148 householdsd receiving a foreclosure filingin May. Nevada led the countru with one in every 64 homes receivinga filing, whild California was second highest with one in evergy 144. The Orlando-Kissimmee market took the No.
8 spot among the nation’s top 10 metro area with the highest foreclosure The area recorded a rate of one foreclosure filintg for every101 homes. Florida had threre cities among the top 10 metro while California had six cities amongthat mix. Las Vegase topped the list with a rate of one in everyh 54 households getting aforeclosurre filing. Nationwide, 321,480 foreclosure filingss were reportedin May, whic h is 6 percent lower than April but about 18 percent higherf than May 2008. One in every 398 U.S. homesw received a foreclosure noticelast month. Vermont again recordeed the lowest numberof foreclosures, with six reporteed in May, or one for everty 51,906 households.
The RealtyTrac U.S. Foreclosurd Market Report provides the total number of propertied with at least one foreclosure filingt reported duringthe month. Data is collected from more than 2,200 countieas that account for more than 90 percenyt ofthe nation’s population.
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