Florida retains its dubious distinction of being No. 1 in the nation for foreclosure rates. RealtyTrac finds that foreclosure starts- homeowners receiving their first notice - in Florida climbed 16% in July after dropping for 10 consecutive months. One in 408 Florida units had a foreclosure filing in July

While Florida is one of only a handful of states to see foreclosure starts increase, it ranked 5th behind Massachusetts, New Jersey, Missouri and Wisconsin (in percentage increase).

Nationwide, RealtyTrac found 124,910 U.S. properties with foreclosure filings - up 7% from the previous month and up 14% year-to-year. According to ReatyTrac, 61% of loans still in the foreclosure process were originated during the housing bubble of 2004 to 2008.