According to RealtyTrac data, the month of May saw the number of foreclosure filings drop to 100,841properties, the eighth straight month of year-over-year declines. RealtyTrac staffer Daren Blomquist reports on the data which reveals that the states with the highest foreclosure rates were New Jersey (one in 559 housing units), Maryland (one in 693), Delaware (one in 716), Florida (one in 738), and Nevada (one in 851).

While nationally there was less foreclosure activity, there are always exceptions to the trend:

Counter to the national trend, 15 states and the District of Columbia posted a year-over-year increase in foreclosure starts in May, including Louisiana (up 812 percent), Connecticut (up 192 percent), Maine (up 64 percent), Arizona (up 55 percent), Massachusetts (up 55 percent), Minnesota (up 37 percent), and Ohio (up 21 percent).

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