Thursday, April 11, 2013

Florida 1st in Foreclosures

A Realty Trac study shoes Florida was #1 in foreclosure activity. During the first quarter of 2013, 85,671 homes in Florida got some kind of foreclosure filing. About 36,000 received first time foreclosure notices. Last year, the number was 73,344. This year's figure is a +17% jump. With Florida having 8.9 million housing units, this means that one out of every 100 homes saw some kind of foreclosure activity in the period. Among 209 metro areas studied, Miami, Orlando, and Ocala finished first through third, Las Vegas was  4th and Tampa Bay came in 5th place. In Tampa Bay, There were 13,491 homes who received some kind of foreclosure activity in the first quarter.

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