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IRVINE, CA—US foreclosure filings onresidential properties increased 7% from theprevious month in August, but are still down 9% from a year ago,according to a report from RealtyTrac. Foreclosure filingswere reported on 116,913 US properties last month, which amounts toone in every 1,126 housing units with a foreclosure filing duringthe month.
Scheduled foreclosure auctions increased from ayear ago in 24 states, including Colorado, Oregon, Connecticut, NewYork, Oklahoma, New Jersey, Illinois, South Carolina and Maryland.Also, six of the nation's 20 largest metro areas posted year-overyear increases in foreclosure activity: Washington, DC; New York;Baltimore; Atlanta; Philadelphia; and San Francisco.
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