RealtyTrac: 3.8m Homes to Receive Foreclosure Filing in 2010

With less than a month until tax filings are due, struggling Californians who received mortgage modifications or lost their homes. foreclosure rate last month, when one in every 195 housing units.

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According to RealtyTrac’s report, one in every 248 U.S. homes received a foreclosure filing during the July-to-September period.The company says U.S. foreclosure starts in the third quarter decreased both from the previous quarter and a year ago, reversing the rise seen in new foreclosures.

An estimated 3.8m households will receive a foreclosure filing in 2010, said Rick Sharga, senior vice president at the online foreclosure marketplace RealtyTrac, in a speech at REO Expo.

ADP optimistically predicts flat job growth adp employer services said the economy shed 23,000 non-government jobs during the month, even though the firm had predicted job growth of 50,000. The report traditionally serves as the precursor.

 · Fewer homes entered foreclosure track in August.. RealtyTrac measures foreclosure rate by tallying the number of homes that receive a foreclosure-related filing, such as an initial default.

 · IRVINE, Calif. – July 15, 2010 – RealtyTrac® ( [link to,] the leading online marketplace for foreclosure properties, today released its Midyear 2010 U.S. Foreclosure Market Report, which shows a total of 1,961,894 foreclosure filings – default notices, auction sale notices and bank repossessions – were reported on.

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Some 55,775 homes entered the foreclosure process last month, a decline of 8 percent from July and down 44 percent from August last year, foreclosure listing firm RealtyTrac Inc. is reporting today.

RealtyTrac measures foreclosure rate by tallying the number of homes that receive a foreclosure-related filing, such as an initial default notices or a notice of scheduled auction. florida clocked in last month with the second-highest foreclosure rate in the nation, followed by Ohio, Maryland and Delaware to round out the top five.

10:15 ET Subscribe to our weekly e-newsletter, Top news. foreclosure auctions post first annual increase since 2010. Foreclosure filings were up in August for the second month in a row, and scheduled foreclosure auctions were up 1 percent year-over-year, the first annual increase since 2010, the monthly RealtyTrac Foreclosure Market Report found.

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