Onernin every 563 U.S. housing unit received one of these filings during the monthrnbut the distribution of these filings was enormous.  In Nevada, which, for the 58^{th</supstraight month, leads the nation in foreclosure activity, one in every 180rnhousing units was affected; in Mississippi one in 4,007, Vermont one in 12,570,rnand in thernDistrict of Columbia one in 25,921.</p}

Therernwere increases in each filing category. rnDefault notices were filed on 77,733 properties in October, up 10rnpercent from September but down 23 percent year-over-year.  Default notices in states using a judicialrnform of foreclosure were up 16 percent  rnto an 11 month high, but were still 31 percent lower than a yearrnearlier. </p

Foreclosurernauctions were scheduled for the first time on 85,321 properties, an 8 percentrnincrease from September but down 38 percent from October 2010.  Scheduled auctions in judicial foreclosurernstates were also at an 11 month high and were up 22 percent from the previousrnmonth.</p

Lendersrnrepossessed 67,624 properties during the month, a 4 percent monthly increasernbut a 27 percent annual decrease.  REOrnactivity increased more than 40 percent month-to-month in several states, mostrnnotably in Indiana where it was up 73 percent.</p

“The October foreclosure numbersrncontinue to show strong signs that foreclosure activity is coming out of thernrain delay we’ve been in for the past year as lenders corrected foreclosurernpaperwork and processing problems,” said James Saccacio, chief executivernofficer of RealtyTrac. “However, recent state court rulings and new state lawsrnkeep changing the rules of the foreclosure game on the fly, creating morernuncertainty in the housing market and threatening to prolong the road to arnrobust real estate recovery.”</p

While Nevada still leads the nation inrnforeclosure activity there was a 34 percent decrease in activity from thernprevious month, driven by a 75 percent drop in new default notices.  This was probably the result of a new lawrnthat requires lenders to sign an affidavit with key information about thernforeclosure and record it in public records. rn Other states with a high level of activity were California withrnone in every 243 housing units receiving a notice, a 17 percent monthlyrnincrease; Arizona with one in every 259 units involved and an 18 percentrnmonthly increase, and Florida with a spike in both default notices andrnscheduled options that bounced it back up to a 12 month high and to fourthrnplace from sixth in September.  One in 268rnhousing units was the subject of a filing.</p

Michigan was the fifth most active state,rnincreasing 13 percent from September and reaching a 12-month high.  One in every 282 housing units received arnfiling.   Other states withrnforeclosure rates ranking among the top 10 were Georgia, Illinois, Idaho,rnOregon, and Colorado.</p

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