Foreclosures high

Oregon ranks 12th in the nation for May foreclosures.

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RealtyTrac released the newest foreclosure rankings on Wednesday, revealing that Oregon ranked 12th in the nation for foreclosure activity in May.

Oregon foreclosure-related filings for the month were 90 percent higher than in May 2008.

Among 203 metropolitan areas, Portland had the 70th-highest rate of foreclosures in the nation during May, RealtyTrac reported.

Read the full article in The Portland Tribune.

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