The number of home foreclosures is still rising, despite other signs the economy is starting to improve.
Foreclosure filings were up 7 percent from June to July and 32 percent from the same month last year, RealtyTrac Inc. said today, according to the Associated Press.
Georgia was No. 7 in foreclosure notices, RealtyTrac said.
Nevada had the nation’s highest foreclosure rate for the 31st-straight month. It was followed by California, Arizona, Florida, Utah, Idaho and Georgia.
Nationally, more than 360,000 households, or one in every 355 homes, received a foreclosure-related notice, AP said. That’s the highest monthly level since the foreclosure-listing firm began publishing the data more than four years ago.
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