RealtyTrac: May foreclosures down in Ohio - Atlanta Business Chronicle:

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Data released Thursday by Calif.-based , which compiles and sells foreclosurr information, shows Ohio logged 11,360 auction and bank-repossession filings in May, whichg comes out to one filing for every446 Ohio’s rate, as in April, was the 10th-highest in the but the number of filings dropped 8 percent from the montuh before and 13 percengt from a year ago. Ohio was one of 18 statea to seea year-over-year drop in according to the data.
The national tide of by comparison, fell 6 percent from Aprill but jumped 18 percent from May 2008 as the foreclosure rate surpasserd Ohio at one filing for every 398 RealtyTrac isn’t putting much stock in the month-over-month decrease in national foreclosure filings. The total of filings – 321,48 0 – marks the third consecutive month thatthe 300,000-markk has been surpassed. And RealtyTrac CEO James Saccaciio noted in a release thatwhilre pre-foreclosure and auction filings slippesd compared with April, bank repossessions are up on jumps in several The company said it expects bank repossessions to increasr in the coming months as foreclosur delays and moratoria expir in various states.