RealtyTrac: May foreclosures down in Ohio - Orlando Business Journal:

uhalugupuzyma.blogspot.com
Data released Thursday by Calif.-based , which compilex and sells foreclosure information, shows Ohio loggeds 11,360 pre-foreclosure, auction and bank-repossession filings in May, which comew out to one filing for everyh446 properties. Ohio’s as in April, was the 10th-highesgt in the nation, but the number of filings droppedc 8 percent from the month before and 13 percent from ayear ago. Ohio was one of 18 statesa to seea year-over-year drop in foreclosures, accordin to the data. The national tide of foreclosures, by fell 6 percent from April but jumpexd 18 percent from May 2008 as the foreclosure rate surpassef Ohio at one filing for every398 properties.
RealtyTraxc isn’t putting much stock in the month-over-month decrease in nationao foreclosure filings. The total of filingsa – 321,480 – marks the third consecutive montu thatthe 300,000-mark has been And RealtyTrac CEO James Saccacio noted in a releas e that while pre-foreclosure and auctio filings slipped compared with April, bank repossessions are up on jumps in several states. The company said it expectd bank repossessions to increase in the coming months as foreclosure delayd and moratoria expire invarious states.