Foreclosure starts were down by a hefty amount in June, according to the Midyear 2013 U.S. Foreclosure Market Report from RealtyTrac.

Foreclosures in the U.S. were down to their lowest level since 2005 in June, falling 21 percent from May and 45 percent from June 2012, according to the Midyear 2013 U.S. Foreclosure Market Report from research firm RealtyTrac.

In addition, both foreclosure filings and bank repossessions showed progress in the report, which analyzed the U.S. foreclosure markets for the first six months of this year.

Here in Miami and Florida, though, there is still some way to go. Florida still has the  highest foreclosure rate in the nation, with one in every 58 housing units receiving a foreclosure filing in the first six months of the year; that’s three times the national average, and up 12 percent from last year.

Better news, though, came from foreclosure starts and bank repossessions. Starts were down 23 percent year-over-year, and along with repossessions rising 14 percent, scheduled auctions rose a whopping 100 percent, so we can expect more REO properties to circulate through the marketplace in the coming weeks.

On a more local level, Miami still has the highest foreclosure rate in the nation among metropolitan areas at 2.35 percent, and four other Florida cities, in fact, rounded out the top five, with Orlando at No. 2 with 1.94 percent; Jacksonville at No. 3 (1.91 percent); Ocala at No. 4 (1.85 percent); and Tampa at No. 5 (1.74 percent).

Interested in how Miami compares with the rest of the nation? Check out our infographic below: