distressed properties: Florida is Third Highest Foreclosure State
- 08/17/12 12:46 AM
Despite decreasing numbers of late mortgage payments across the nation, there are several areas in the country where foreclosures are still occurring with record numbers.RealtyTrac reported that July was the third month in a row where figures showed an increase of foreclosure rates. This has been an unfortunate reversal in what had been up till then a year of steady decreases.In particular, foreclosures seem to be happening in several key markets throughout the United States. Florida claimed the number three spot in states with the highest foreclosure rates, averaging about one in every 352 housing units. Only Arizona, with one in … (0 comments)
RE/MAX Exclusive Collection is a boutique real estate office located in College Park in Orlando Florida. Michael Kara, broker, has over 15 years of experience and closes more pro-consumer short sales than any other Realtor in Orlando.
Despite decreasing numbers of late mortgage payments across the nation, there are several areas in the country where foreclosures are still occurring with record numbers.RealtyTrac reported that July was the third month in a row where figures showed an increase of foreclosure rates. This has been an unfortunate reversal in what had been up till then a year of steady decreases.In particular, foreclosures seem to be happening in several key markets throughout the United States. Florida claimed the number three spot in states with the highest foreclosure rates, averaging about one in every 352 housing units. Only Arizona, with one in … (0 comments)
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