Wednesday, September 19, 2012

RealtyTrac: Fla. has third-highest foreclosure rate - Tampa Bay Business Journal:

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Default notices, scheduled auctions and bank repossessions in Floridas were all down from the previous month, but the state still posted 58,931 foreclosured filings, up 50 percent from May 2008. Only Nevada, with one in evergy 64 housing units in and California, with one in every 144 housing units in foreclosure, had higher In the tri-county area, Broward County saw the most foreclosurexs in May, with 11,325, or one in every 71 housinf units – a nearly 10 percent increases over April. Miami-Dade ranked second, with 7,7732 filings, or one out of every 125 unitz – down 31.2 percent from April. Palm Beach County had 3,7832 filings, or one out of every 169 units up 32.
8 percent over April. there were 321,480 foreclosure filings, one out of everh 398 units – down 6 percenf from April, but up 18 percent from May 2008. “Mah foreclosure activity was the third-highest month on and marked the thirdc straight month where the totalo number of properties with foreclosure filingwsexceeded 300,000 – a first in the history of our RealtyTrac CEO James J. Saccacio said in a news Other states with foreclosure rates ranking amongthe nation’w 10 highest were Michigan, Georgia, Colorado, Idaho and Ohio.

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