Interest Rate Roundup

Thursday, July 12, 2007

RealtyTrac: Slight foreclosure dip in June

We got a blip of good news on the foreclosure radar this morning with the latest RealtyTrac foreclosure figures. Filings dipped 6.5% to 164,644 in June from 176,137 in May. However, they were still up 86.7% from a year ago and the trend, as you can see in this chart, is clearly higher.

Some of the highest filing tallies by state: 38,801 in California, 21,035 in Florida, 11,879 in Ohio, and 10,092 in Michigan. On a filings-per-household basis, the worst readings were in Nevada (1 for every 175 households), California (1 per 315), Colorado (1 per 317), and Arizona (1 per 383).


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