July 26, 2010
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1.65 Million Properties Received Foreclosure Filings in First Half of 2010
Foreclosure filings— default notices, auction sale notices and bank repossessions— were reported on 1,654,634 U.S. properties in the first six months of 2010, an 8 percent increase from the first six months of 2009.
Foreclosure filings were reported on 895,521 U.S. properties during the second quarter, an increase of less than 1 percent from the second quarter of 2009.
Florida suffered the nation’s third highest state foreclosure rate, with 3.15 percent of homes (one in 32) receiving a foreclosure filing during the first six months of the year.
Nevada and Arizona lead in nation in foreclosure rate.
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