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Missouri ranks No. 26 for foreclosurer activity in Maywith 2,79t filings, and Kansas ranks No. 34 with 899 Missouri’s foreclosure activity in May rose 3.6 percent from and Kansas’ rose 14 U.S. foreclosure activity rose almost 18 percenrt in May from last year but decreased 6 percent from RealtyTrac said. One in everg 398 U.S. housing unitz received a foreclosure filinin May. “May foreclosure activity was the third-highesty month on record and marked the third straightr month where the total number of properties with foreclosur filingsexceeded 300,000 — a first in the histor of our report,” RealtyTrac CEO James Saccacio said in a release.
“While defaultsa and scheduled foreclosure auctions were both down from thepreviouds month, bank repossessions, or were up 2 percent thanks largely to substantial increases in several including Michigan, Arizona, Washington, Nevada, Oregon and New York. We expect REO activity to spikwe in the coming months as foreclosure delays and moratoria implementex by various state laws come to an Nevada continued to havethe nation’s highest foreclosure rate, with one in everuy 64 housing units receivinyg a foreclosure filing in May, more than six times the nationalk average.
California had the second-highest rate, and Florida had the third-highest Top 10 states accounted for nearlh 77 percent oftotal U.S. foreclosure activity in May. RealtyTrac is based in Irvine,
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