http://www.jlsart.com/jlsart/viewportf/Y2a1K7/497782.html
Compared to April, foreclosures fell 25 percent in D.C. to 299; 14 percengt in Virginia to 5,385; and 2 percenty in Maryland to 3,539. Nationally, foreclosures declined 6 percentgto 321,480 according to the latest survey by Calif.-based RealtyTrac, a foreclosure research firm. Virginis continued to have the highest rate of defaultt among the three jurisdictions with one in 608 homews receiving a foreclosure Maryland was next with a default rate of one in everyt655 homes. The District’s default rate is the lowest at one in everyh951 homes. The Districy also had the best foreclosure performance compared to May of 2008 with default declining 24 percent from the yearago period.
Virginia foreclosuresz were 2 percent higher than Mayof 2008. Maryland foreclosure were 51 percent higher than ayear ago. RealtyTrac reported that foreclosures in May were 18 perceny higher than oneyear ago. One in every 398 U.S. homes received a foreclosure filingin May, easing back from April’sz national rate of one in every 374 the highest monthly foreclosure rate since RealtyTrac began issuing data in Januaryt 2005.
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