336,173 Foreclosure Filings Reported in June 2009

A total of 336,173 foreclosure filings — default notices, auction sale notices and bank repossessions — were reported in June 2009, a 5 percent increase from the previous month and a 33 percent increase from June of 2008, according to RealtyTrac’s U.S. Foreclosure Market Report.
Foreclosure filings were reported on 336,173 U.S. properties in June, the fourth straight monthly total exceeding 300,000 and helping to boost the second quarter total to the highest quarterly total since RealtyTrac began issuing its report in the first quarter of 2005. Foreclosure filings were reported on 889,829 U.S. properties in the second quarter, an increase of nearly 11 percent
Some of the key findings include:

• A total of 101,045 California properties received a foreclosure filing in June 2009.

• Florida documented 52,899 properties received a foreclosure filing in June 2009.

• Arizona’s 16,834 properties received a foreclosure filing in June 2009.