New Hampshire Home Foreclosure Filings Fall Slightly for May
According to RealtyTrac, foreclosure filings for the month of May fell slightly over the April figures. May saw 704 filings, while March had 727.
Hillsborough and Rockingham Counties accounted for just over half of the filings, which makes sense given the concentration of the state’s population in the Southern Tier.
New Hampshire as a whole saw 1 foreclosure filing for every 873 households. Sullivan and Belknap Counties saw the worst ratios of 1 in 677 and 1 in 692 respectively. However, in real terms, number of homes receiving a filing notice in these two counties combined was only 87.
For comparison the national average for May was 1 filing for every 639 households. Problematic states such as California, Nevada and Florida saw rates of roughly 1 filing for every 310 households, twice the national rate and just shy of three times the rate here in New Hampshire.