The latest foreclosure report indicates filings have reached the highest level ever.
During July, 192,264 U.S. pre-foreclosures were filed, according to data reported by ForeclosureS.com Monday.
Pre-foreclosures increased from 181,779 during June and 100,421 reported in July 2007.
Last month's activity represented the highest level of pre-foreclosures ever, ForeclosureS.com said.
Records were also set in 14 states, including Hawaii, Louisiana, Missouri, Montana, Nebraska, Nevada, New Mexico, New York, North Carolina, Oregon, Pennsylvania, Tennessee, Utah and Washington, D.C.
Based on prior data reported by ForeclosureS.com, year-to-date pre-foreclosures number 1,254,831, 89 percent higher than a year earlier. The foreclosure rate this year is at 0.72 filings for every 100 households.
Nevada had the highest foreclosure rate during just July, with 5.9 filings for every 100 households, according to the report. Arizona was next, at 5.5 foreclosures per 100 households, followed by Florida with 4.8 filings per 100 households. California had the fourth worst foreclosure rate, at 2.5 filings per 100 households.
"Short-term, there's no question that the foreclosure outlook is grim," ForeclosureS.com President and "real estate expert" Alexis McGee said in the latest announcement.
Just two months ago, McGee said, "The numbers support what I've been saying for a while -- the housing market is not as bad as what you hear."
She went on in that announcement to say "buyers are flocking back" and "foreclosures are not increasing as many believe."