RealtyTrac: May foreclosures down in Ohio - St. Louis Business Journal:

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Data released Thursday by Irvine, Calif.-based , which compiles and sellzs foreclosure information, shows Ohio logged 11,360 auction and bank-repossession filings in May, whicuh comes out to one filing for every446 Ohio’s rate, as in April, was the 10th-highestg in the nation, but the number of filingw dropped 8 percent from the month before and 13 percen t from a year ago. Ohio was one of 18 states to seea year-over-yearf drop in foreclosures, according to the The national tide of foreclosures, by fell 6 percent from April but jumpe 18 percent from May 2008 as the foreclosure rate surpassed Ohio at one filinhg for every 398 properties.
RealtyTrac isn’t putting much stockj in the month-over-month decrease in national foreclosure The total offilings – 321,480 – marks the third consecutives month that the 300,000-mark has been And RealtyTrac CEO James Saccacio noted in a releasew that while pre-foreclosure and auction filings slipped comparexd with April, bank repossessions are up on jumps in several states. The companty said it expects bank repossessions to increase in the coming monthw as foreclosure delays and moratoria expiree invarious states.