Ocala Ranked #1! But it is a Dubious Distinction!
Fla. foreclosures up 12% in Jan., 20% year-to-year
"Analyzed at the city (MSA) level, Florida cities took six of the top 10 foreclosure-rate spots, with Ocala ranked the No. 1 city with a population of 200,000 or more for foreclosures. In Ocala, one in every 223 housing units had a foreclosure filing in January."
But there is a silver lining to Ocala's foreclosure problems. The number of foreclosures in the whole Marion County multiple list is down to 232. That is from a high of ~550!
Which also means there are some great deals for buyers and investors, but the deals are going quick with often multiple offers.
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