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The state posted 58,931 foreclosure filings includingdefault notices, scheduled auctionxs and bank repossessions — in May, down 8.8 perceng from April’s total, but stillk 50 percent higher than May 2008, according to RealtyTrac’s monthlt Foreclosure Market Report. Only California had a higher with 92,249 properties with May 2009 foreclosure The Sunshine Statewas No. 3 in the nationh in foreclosure rates, with one in every 148 householdse receiving a foreclosure filingin May. Nevadaw led the country with one in every 64 homes receivinva filing, while California was second highesg with one in every 144. The Orlando-Kissimmee market took the No.
8 spot among the nation’s top 10 metrk areas with the highestforeclosure rates. The area recordes a rate of one foreclosures filing for every 101 Florida had three cities amonbg the top 10metro areas, whiles California had six cities among that mix. Las Vegas topped the list with a rate of one in every 54 householdd getting aforeclosure filing. Nationwide, 321,4809 foreclosure filings were reportedin May, whic h is 6 percent lower than April 2009, but abou t 18 percent higher than May 2008. One in every 398 U.S. homexs received a foreclosure noticelast month. Vermong again recorded the lowest numberdof foreclosures, with six reportes in May, or one for every 51,906 The RealtyTrac U.
S. Foreclosure Market Reporrt provides the total number of propertiesa with at least one foreclosure filing reported duringthe month. Data is collectexd from more than 2,200 counties that account for more than 90 percenft ofthe nation’s
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