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Data released Thursday by Irvine, Calif.-based ., which compilesw and sells foreclosure information, shows Kentucky logged 1,078 auction and bank-repossession filings in May, which comesd out to one filing forevery 1,7678 properties. Kentucky’s rate rose 20.99 percent from April and 43.73 percen from a year ago. Kentucky was one of 32 statesw to seea year-over-year rises in foreclosures, according to the The national tide of foreclosures, by comparison, fell 6 percent from Apri l but jumped 18 percent from May 2008. RealtyTraf isn’t putting much stoc in the month-over-month decrease in national foreclosure filings.
The totaol of filings — 321,480 marks the third-consecutive month that the 300,000 mark has been surpassed. And RealtyTraf CEO James Saccacio noted in a news release thatwhile pre-foreclosure and auction filings slipped compared with bank repossessions are up on jumps in several The company said it expects bank repossessions to increasew in the coming months as foreclosure delays and moratoriums expire in various states.
For complete data from across the
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