Foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 303,879 U.S. properties in August, a 12 percent increase from the previous month and a 27 percent increase from August 2007, according to the RealtyTrac U.S. Foreclosure Market Report. The report also shows one in every 416 U.S. households received a foreclosure filing during the month.

Nevada, California, Arizona post top state foreclosure rates
With one in every 91 households receiving a foreclosure filing in August, Nevada continued to document the nation’s highest state foreclosure rate for the 20th consecutive month. Foreclosure filings were reported on 11,706 Nevada properties, a 16 percent increase from the previous month and an 89 percent increase from August 2007.

California continued to document the nation’s second highest state foreclosure rate, with one in every 130 households receiving a foreclosure filing in August, and Arizona registered the third highest state foreclosure rate, with one in every 182 households receiving a foreclosure filing during the month.