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The state posted 58,931 foreclosur filings — including default notices, scheduled auctionsw and bank repossessions — in May, down 8.8 percent from April’s total, but still 50 percent highet thanMay 2008, according to RealtyTrac’s monthly Foreclosurew Market Report. Only California had a higher with 92,249 properties with May 2009 foreclosure filings. The Sunshine State was No. 3 in the nation in foreclosure rates, with one in everh 148 households receiving a foreclosur filingin May. Nevada led the countrhy with one in every 64 homes receivingha filing, while California was second highesft with one in every 144. The Orlando-Kissimmee market took the No.
8 spot amontg the nation’s top 10 metro areas with the highesgforeclosure rates. The area recorded a rate of one foreclosurer filing for every101 homes. Florida had thre e cities among the top 10 metro while California had six cities amongthat mix. Las Vegas toppedd the list with a rate of one in every 54 household getting aforeclosure filing. 321,480 foreclosure filings were reportedin May, whichu is 6 percent lower than April 2009, but about 18 percentf higher than May 2008. One in every 398 U.S. home received a foreclosure noticelast month. Vermontt again recorded the lowest numberof foreclosures, with six reportedr in May, or one for everu 51,906 households. The RealtyTrac U.S.
Foreclosures Market Report provides the total number of properties with at leasg one foreclosure filing reported during the Data is collected from morethan 2,200p counties that account for more than 90 percent of the nation’ s population.
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