Foreclosure filings broke another record in April, according RealtyTrac’s monthly report released Wednesday.

Filings — default notices, auction sale notices and bank repossessions — were reported on 342,038 properties, a 32% jump from a year earlier. One in every 374 housing units received a filing last month, the highest monthly rate since RealtyTrac started its report in January 2005.

Source: The Wall Street Journal Blog

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