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Thursday, July 16, 2009

Fla. retains No. 3 foreclosure ranking - South Florida Business Journal:

Fla. retains No. 3 foreclosure ranking - South Florida Business Journal:: "Florida continues to hold on to the No. 3 spot in the nation for foreclosure filings, with one in every 33 housing units receiving at least one foreclosure filing in the first six months of this year, according to RealtyTrac. Only Nevada and Arizona had more.
Between January and June, Florida had 268,064 foreclosure filings.
Florida also ranked second in the nation for the number of total foreclosures in the first half of this year, with activity increasing 7 percent from the previous six months and up nearly 42 percent from the first half of last year.
In South Florida, Miami-Dade County ranked seventh in the state, realizing 34,442 foreclosure filings, or one in every 28 homes, by mid-year.
Broward County ranked fourth, with 36,654 filings, or one in every 22 homes. Palm Beach County fared better, ranking 45th in the state, with 14,303 filings, or one in every 45 homes.
Nationwide, RealtyTrac found there were 1.9 million foreclosure filings reported on 1.5 million properties in the first six months of the year, a 9 percent increase in total properties compared to the previous six months and nearly a 15 percent increase when compared to the first six months of last year.
In June alone, foreclosure filings were reported on 336,173 homes nationwide. That’s the fourth straight monthly total exceeding 300,000, according to the Irvine, Calif.-based foreclosure listing service.
Florida ranked fourth in the nation in the number of foreclosures in June, with 52,899 filings."

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