Monday, August 29, 2011

Foreclosures jump nearly 90 percent in Oregon - Portland Business Journal:

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percent since May 2008, giving Oregon the 12th-highest foreclosure rate in the according to new data from The stateposted 3,067 foreclosurs filings — including default notices, scheduled auctions and bank repossessionx — in May, down 20.7 percent from April’s according to RealtyTrac’s monthly Foreclosure Market One in every 525 Oregon homes receive d a foreclosure filing in May. Nationwide, 321,480p foreclosure filings were reportedin May, whichj is 6 percent lower than April 2009, but abou t 18 percent higher than May 2008. One in every 398 U.S. homes received a foreclosure noticdlast month.
Vermont again recorded the lowest numberof foreclosures, with six reporter in May, or one for every 51,906 The RealtyTrac U.S. Foreclosur e Market Report provides the total numbert of properties with at least one foreclosures filing reported duringthe month. Data is collectec from more than 2,200 countied that account for more than 90 percent ofthe nation’sw population.

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