Florida Foreclosures Dropping But Still Higher Than U.s. Average

One in every 152 Florida homes was in foreclosure the first quarter of the year, eighth highest in the U.S., according to a RealtyTrac report released Thursday. The state rate is higher than the national average of one in every 191 housing units, but nearly 50 percent less than the fourth quarter of 2010 and 62 percent less than last year’s first quarter rate. “The nation’s housing market continued to languish in the first quarter, even as foreclosure activity fell to a three-year low,” James...

Topics:  florida   realtytrac    the   james   u.s   higher   average   quarter   year   percent   foreclosure   rate   housing   

 

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