U.S. foreclosures in July rose to their highest level in three months, bouncing back 5 percent from June, when they hit their low point of the year so far. And as they have been in each month so far this year, foreclosures were also up from a year ago, rising 18 percent from July 2005.


A total of 92,845 properties entered some stage of foreclosure during the month, a foreclosure rate of one new foreclosure filing for every 1,245 U.S. households.

Colorado continued to document the nation’s highest foreclosure rate for the fifth month in a row and Texas continued to record the most new foreclosure filings of any state for the eighth month in a row. Nevada foreclosures shot up for the second straight month, and that state documented the second highest foreclosure rate.

View the full RealtyTrac™ U.S. Foreclosure Market Report to see more details about July foreclosure trends for the nation and all 50 states.