Foreclosure Stats Released By RealtyTrac: Any Wonder Why Florida Still Ranks High?

by Florida's #1 Mortgage Planner on November 14, 2007

RealtyTrac

California, Florida, and Ohio still rule the the top spots in the foreclosure area, but Dan Green shows a very nice correlation.  In his post over at The Mortgage Reports, he breaks down how the foreclosure rates align with those of real estate speculation.  He did it very nicely, so I am not going waste time eluding to it here.

I will go on to highlight Florida in the RealtyTrac report.  We have virtually our entire state represented, all in the top 100.  Here is a breakdown of where each Florida metropolitan area ranked this time…

Rank Metropolitan Area Ratio (per HH)
4 Ft. Lauderdale 1 per 48
8 Miami 1 per 60
19 Tamp/St. Petersburg/Clearwater 1 per 93
21 Palm Beach 1 per 97
25 Sarasota/Bradenton/Venice 1 per 112
27 Orlando 1 per 114
33 Jacksonville 1 per 156

(HH = household)

As you can see, all of the metro areas in Florida rank in the top 33, with 2 top 10 showings.

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Florida Mortgage Report — Florida Cities Take 6 of the Top 25 Spots in Foreclosure Stats With Miami in Front
February 13, 2008 at 3:01 pm

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