There were 70,166 U.S. properties with foreclosure filings in August 2018, according to the latest ATTOM Data Solutions Foreclosure Activity Report.
The August foreclosure filings were up 9 percent from July 2018 but down 7 percent year-over-year, the report found. Nationally one in every 1,910 U.S. properties had a foreclosure filing in August 2018.
The report identified the states with the highest foreclosure rates in August as New Jersey (one in every 690 housing units); Maryland (one in every 918 housing units); Nevada (one in every 984 housing units); Delaware (one in every 1,012 housing units); and Florida (one in every 1,229 housing units).
According to ATTOM, Baltimore, Philadelphia and Las Vegas had the highest foreclosure rates among major metro areas during August.
During August, lenders started the foreclosure process on 32,775 U.S. properties, up 9 percent from the previous month but down 6 percent from a year ago, the report found.
Forty-four percent of the metro areas analyzed by ATTOM posted year-over-year increases in foreclosure starts, including Miami (up 2 percent); Houston (up 8 percent); Washington, D.C. (up 14 percent); Baltimore (up 12 percent); and Charlotte, N.C. (up 46 percent).
States that posted year-over-year increases in foreclosure starts in August included Florida (up 4 percent); North Carolina (up 41 percent); Maryland (up 39 percent); South Carolina (up 8 percent); and Michigan (up 75 percent).