IRVINE, CA – June 17, 2011 – (RealEstateRama) — RealtyTrac® (www.realtytrac.com), the leading online marketplace for foreclosure properties, today released its U.S. Foreclosure Market Report™ for May 2011, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 214,927 U.S. properties in May, a 2 percent decrease from April and a 33 percent decrease from May 2010. The report also shows one in every 605 U.S. housing units received a foreclosure filing during the month of May.
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