Despite signs of an improved economy, foreclosure filings rose 6.7% last month, according to data released today by RealtyTrac, an online seller of foreclosed properties.
Nationally, 360,149 properties received a foreclosure filing during the month, compared with 336,173 in June. The national rate was one in 355 housing units, a 32.3% increase from July 2008.
RealtyTrac defines foreclosure filings as default notices, scheduled auctions and bank repossessions.
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