Thursday, February 14, 2008

Florida Foreclosures Rank Highest in U.S.


You can find six of Florida's largest metropolitan areas among the 25 U.S. regions with the highest foreclosure activity, with Ft Lauderdale ranking in the top 10.

There were 24,004 foreclosure filings in Orlando, Florida, a nearly 118 % increase from the number of filings for the same period a year ago, and about 2% of the real estate market, according to RealtyTrac.

The latest foreclosure filings have been ranked based on the percentage of total households facing foreclosure. Miami, the highest amount of foreclosures in Florida, ranked at eight with 51,662 properties that were in some stage of foreclosure. These figures were up 106 % over 2006 and represent more than 2.7 % of the total market.

Full article, click here....Florida Foreclosure Filings Rank amongst the Highest in the U.S .


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