Nevada, California, and Colorado Post Top Rates.

NEW YORK -- In its June 2007 U.S. Foreclosure Market Report, RealtyTrac shows a total of 164,644 foreclosure filings - default notices, auction sale notices and bank repossessions - were reported during the month, down 7% from the previous month but still up 87 percent from June 2006. "Foreclosure activity subsided somewhat in June after hitting a 30-month high in May," said James J. Saccacio, chief executive officer of RealtyTrac. "And the drop in activity was fairly broad, with 33 states reporting month-over-month decreases. Still, the foreclosure rates in most states remained substantially above last year's levels."

With one foreclosure filing for every 175 households in June, Nevada documented a foreclosure rate more than four times the national average and highest among the states for the sixth month in a row. The state reported 4,722 foreclosure filings during the month, a decrease of 10 percent from the previous month but more than three times the number reported in June 2006.

Despite a 2% month-over-month dip in foreclosure activity, California registered the nation's second highest state foreclosure rate, one foreclosure filing for every 315 households - up from third highest the previous month and 2.2 times the national average. The state reported 38,801 foreclosure filings during the month, the most of any state for the sixth month in a row and more than three times the number reported in June 2006.

Colorado's foreclosure rate dropped from second highest to third highest thanks in part to a 10% month-over-month decrease in foreclosure activity in June. The state reported 5,705 foreclosure filings during the month, a foreclosure rate of one ...