Cities in California, Florida and Ohio dominated the 25 U.S. metro areas with the highest home foreclosure rates, though rates jumped in most of the top regions during the third quarter, RealtyTrac said on Wednesday.

Foreclosure filings rose in 77 of the largest 100 metropolitan areas from the prior quarter, according to the Irvine, California-based marketer of foreclosure properties.

A broad credit and liquidity crisis during the third quarter exacerbated U.S. housing industry troubles, pushing sales sharply lower and unsold inventory to record highs.

Overall, U.S. residential foreclosure filings nearly doubled in the third quarter from a year earlier, RealtyTrac reported earlier this month.

Article found on http://www.cnbc.com/ and written by Reuter

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