Florida Foreclosures

Florida Foreclosures

Florida ForeclosuresFlorida, Maryland and New Jersey had the highest foreclosure rates in the country according to a foreclosure report recently released by RealtyTrac.  Florida foreclosures increased 16 percent from a year ago and as a result, the state remains among the nation’s top foreclosure rates for the fifth month in a row.  This follows 10 consecutive months of year-over-year decreases. One in every 408 Florida housing units had a foreclosure filing in July which is more than 2.5 times the national average.  Also, Florida properties repossessed by lenders increased up to 78 percent in July.

Florida foreclosures vary by county.  Collier county had one of the lowest foreclosure rates with 1 in every 963 housing units.  Lee county came in at 1 in every 593 units.

FL Foreclosures – Top 5 Counties

  1.   Flagler  (1 in every 192)
  2.   Okeechobee  (1 in every 251)
  3.   Hernando  (1 in every 264)
  4.   Gadsden  (1 in every 266)
  5.   Clay  (1 in every 275)

Bottom Line:

If you’re looking for a focused and goal-oriented Realtor in southwest Florida who will help you achieve your Real Estate needs, please reach out to us directly. Additionally, if you are looking for a golf community expert or you are considering buying or selling a home, luxury home, vacation home, golf home or dream home, call or text us at 239-370-0892 or email Matt@NaplesGolfGuy.com

August 21, 2015 Posted by Matt