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Florida’s Foreclosure Ranking for first half of 2007 |
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Written by Site Admin
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Tuesday, 21 August 2007 |
RealtyTrac issued its summary of nationwide foreclosures for the first half of 2007 and no Florida cities made the top 5. Miami, however, did make the top 10. Stockton, California, Detriot, and Las Vegas ranked top three.
Not all local areas are being flooded with foreclosures, said James J. Saccacio, chief executive of RealtyTrac. “While foreclosure activity has skyrocketed over the past year in many cities, particularly in California, Ohio and the Northeast, foreclosure activity seems to be subsiding in parts of Texas, South Carolina and other states,” Saccacio said.
Cities that seem to be avoiding the foreclosure problem include Wichita, Kan., with one filing per 399 households, and Columbia, S.C., with one filing for every 757 households.
Florida city foreclosures from RealtyTrac by rank and comparison to the number of households not in foreclosure
7. Miami (one foreclosure out of every 46 households)
11. Fort Lauderdale (one out of 50)
21. Jacksonville (one out of 73)
24. Tampa/St. Petersburg/Clearwater (one out of 79)
31. Sarasota/Bradenton/Venice (one out of 94)
33. Orlando (one out of 98)
39. Palm Beach (one out of 102)
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