Florida foreclosures

2009-11-12

Realty Trac reported the pace of foreclosures slowed again in October for the third month in a row. Foreclosure filings, including default notices, scheduled foreclosure auctions, and bank repossessions, were reported on 332,292 US properties during the month of October.  That number means one in 385 homes received a filing. Florida reported the third highest state foreclosure rate, with one in every 168 homes receiving a filing in October.  A total of 51, 911 Florida properties received a foreclosure filing during the month, down 6 percent from the previous month and a decrease of 4 percent compared to October, 2008. It was the fist year-over-year decrease in overall Florida foreclosure activity since July, 2006.   ...read more Abal Auction Real Estate News/Press Releases