Foreclosures in Oregon are up 23 percent in the second quarter compared with the first quarter, according to Bargain Network.
The state listed 5,208 foreclosures in the quarter, the 17th highest among all states. Percentage-wise, only Maryland, New Jersey, Hawaii and Arizona had higher foreclosure rates.
Nationwide, the number of foreclosures rose 2 percent to 422,300, or one foreclosure filing for every 877 households.
The state of Maryland recorded the highest percentage increase at 41 percent. States with the biggest declines are Louisiana, with a drop of 38 percent, and North Dakota, with a drop of 33 percent.
The complete report is at bargainnetwork.com. Bargain Network is a Santa Barbara, Calif.-based online provider of real estate foreclosures, pre-foreclosures and for-sale-by-owner property listings. (Portland Business Journal)
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