Foreclosure filings, bank repossessions and similar actions increased 5.9% last month and were up 29.9% over February 2008, according to a report released today by RealtyTrac, an online seller of foreclosed properties.
There were actions taken on 290,631 properties during February and one in every 440 housing units received a foreclosure filings.
Nevada had the highest rate, with one in 70 housing units receiving foreclosure notices. The next highest were Arizona, which had a rate of one in 147 and California with one in 165.
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