Florida Foreclosures Still High But in Decline

While FLorida still is among the states with the highest rates of Foreclosure, the rate of new foreclose filings is in decline.

While Florida is still among the states with the highest rates of Foreclosure, the rate of new foreclosure filings is in decline.

For Florida, it may be a turning point in the foreclosure crisis. When compared year to year, the foreclosure rate in Florida is down nearly 37% making it the lowest it has been since 2008. That equates to fewer than 4 million people who are not current on their mortgage.

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