RealtyTrac: Foreclosures up 87% from June 2006

A report from RealtyTrac. “ A total of 164,644 foreclosure filings -- default notices, auction sale notices and bank repossessions -- were reported during the month, down 7 percent from the previous month but still up 87 percent from June 2006. The report also shows a national foreclosure rate of one foreclosure filing for every 704 U.S. households for the month.”

“‘Foreclosure activity subsided somewhat in June after hitting a 30-month high in May,’ said James J. Saccacio, chief executive officer of RealtyTrac. ‘And the drop in activity was fairly broad, with 33 states reporting month- over-month decreases. Still, the foreclosure rates in most states remained substantially above last year's levels.’” read more >>

The top 5 by rank according to RealtyTrac:

Rank	State	1 for every #HH	%Change from May 07	%Change from June 06
1	Nevada	175	-9.80	279.58
2	California	315	-2.16	286.81
3	Colorado	317	-9.75	54.40
4	Florida	347	-3.08	144.45
5	Arizona	383	-3.50	168.00