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Nationwide, there were 321,480 foreclosure filings, one out of every 398 units – down 6 percent from but up 18 percent fromMay 2008. “May foreclosurre activity was the third-highesyt month on record, and markede the third straight month where the totak number of properties with foreclosure filingdsexceeded 300,000 – a first in the history of our RealtyTrac CEO James Saccacio said in a news release. Nevad a continued to document the nation’s highesyt foreclosure rate, with one in every 64 housing units receiving a foreclosure filing durinfg themonth — more than six times the nationapl average.
California was seconf with a foreclosure filing on one in every 144 Florida was third with one in everh 148 housing units receiving a foreclosure filing duringthe month.
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