In 2010 a total of 2,871,881 properties were involved in a foreclosure according to RealtyTrac.com, a leading source of foreclosure trends.  This is up from 2009 when the total number of properties involved in a foreclosure was still a staggering 2,824,674.

Realtytrac.com publishes a monthly  “Foreclosure Rate Heat Map.”  In April 2011, it reported that 1 in every 593 housing units in the United States received a foreclosure filing.  That is for just one month!  In Nevada one in every 97 housing units received a foreclosure filing.  A foreclosure filing can include a “notice of default” and “notice of sale”, among other documents.  A property can receive multiple filings before finally be sold by the lender.

Bankruptcy filings show a similar trend, according the National Bankruptcy Research Center. So far in 2011 (May), about one in every 480 adults has filed for bankruptcy.  In Nevada, that number is one in every 240 adults.  Fortunately, on a national level, bankruptcies are starting to level off or fall.  However, in some states, such as Delaware, Utah and California filings continue to rise.