Number of Foreclosures in July
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The national figures are one foreclosure for every 693 households in July 2007. Most states, 43 of them, had year by year increases in foreclosures. Five states, Georgia, Ohio, Michigan, California, and Florida, accounted for more than half of the filings. Filings are default notices, bank repossessions, and auction sales.
Nevada holds the record for the highest foreclosure rate with one for every 199 homes - more than three times the national average. 5,116 filings during the month.
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