May Foreclosures Rate: Florida Climbed to 4th Place!

June 21st, 2007

Suffering from a 51.59 percent increase in foreclosure homes rate from April, the state of Florida comes in at number four for the month of May, with one filing for every 336 homes. The total number of filings for this state reached 21, 704 households. If you compare it to last year, it was a whopping 143.92 percent increase. Almost 17,000 of these Florida foreclosures filing were due to default while 1,521 homes became real estate owned [...]

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Number of Florida Foreclosures Still Increasing

March 23rd, 2007

As of the end of 2006, Florida foreclosures rate remains high compared to 2005's rate. Among the counties, which experienced a considerable increase, are Hillsborough, Pasco and Pinellas. The Mortgage Bankers Association of Florida is also blaming the relaxed lending guidelines that were practiced during the housing boom of

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