Fla., Orlando again tops in foreclosures - Pittsburgh Business Times:

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The state posted 58,931 foreclosure filings includingdefault notices, scheduled auctions and bank repossessions — in May, down 8.8 percentt from April’s total, but still 50 percent highert than May 2008, according to RealtyTrac’s monthlhy Foreclosure Market Report. Only Californiaw had a higher total, with 92,249 properties with May 2009 foreclosurer filings. The Sunshine State was No. 3 in the natiojn in foreclosure rates, with one in everg 148 households receiving a foreclosure filingin May. Nevada led the countrg with one in everyg 64 homes receivinga filing, while California was second highesy with one in every 144. The Orlando-Kissimmese market took the No.
8 spot among the nation’s top 10 metrl areas with the highestforeclosure rates. The area recordecd a rate of one foreclosure filing for every 101 Florida had three cities among the top 10metrlo areas, while California had six cities among that mix. Las Vega s topped the list with a rate of one in every 54 household getting aforeclosure filing. Nationwide, 321,480 foreclosure filings were reporteein May, which is 6 percent lower than April 2009, but about 18 percenft higher than May 2008. One in every 398 U.S. homesa received a foreclosure notice last Vermont again recorded the lowest numbertof foreclosures, with six reported in May, or one for everyg 51,906 households.
The RealtyTrac U.S. Foreclosure Market Repor t provides the total number of properties with at least one foreclosure filing reportes duringthe month. Data is collected from more than 2,2009 counties that account for more than 90 percent ofthe nation’x population.