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Foreclosures in Iowa decrease in April

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Iowa ranked 35th among all states for foreclosure activity last month, with 432 properties entering some stage of the foreclosure process, a 4 percent decrease from March.

The total number of foreclosures in the United States in April fell 10 percent to 140,711 from 158,013 in the previous month, according to data compiled by Bargain Network. April represents the second-highest foreclosure listing activity month this year, with 32 percent more foreclosures than the previous six-month average.

California accounted for 18 percent of all U.S. foreclosures, with 25,198 homes entering some phase of the foreclosure process, or one foreclosure for every 484 households. Washington, D.C., recorded the greatest jump in foreclosure filing activity with a 42 percent increase from March. Single-family residences accounted for about 88 percent of the foreclosure activity nationally.