Foreclosure actions increased by 2.0 percent in May from April's 75 month low point for foreclosure activity according to RealtyTrac's U.S. Foreclosure Market Report released June 11.However, the good news is that May 2013 foreclosure filings were still 28 percent below May 2012 filings.
According to data from RealtyTrac, a national foreclosure-tracking firm, the number of foreclosure filings increased 3 percent in October as compared to September 2012, climbing to 186,455 U.S. properties.
The number of U.S. homes receiving foreclosure notices topped one million through the first six months of 2012, according to RealtyTrac.
According to foreclosure data firm RealtyTrac, the number of foreclosure filings nationwide rose 9 percent in May.
Foreclosures filings fell 5 percent between March 2012 and April 2012, and 11 percent as compared to one year ago.
Last month marks the first time since July 2007 that foreclosure filings numbered less than 200,000 on a monthly basis -- a span of nearly 5 years.
After a series of months during which volume was low, foreclosure filings have started to rise again.