Here is a history of foreclosures in Miami Dade County:
|Half a many in 2010. A good sign?|
|Oops...spoke too soon, back up.|
In 2012 we are back up to our 2007 level of 26,000. We have 2,000 already this month. What gives? The Miami Herald says Florida leads the nation in foreclosure activity:
Florida’s dubious distinction came as the state logged the highest foreclosure rate in the nation for the fifth consecutive month, said RealtyTrac, which is based in Irvine, Calif. One in every 300 Florida homes received some type of foreclosure filing in January. That is more than twice the national average.
California led the nation in foreclosures since 2007, now we are the leaders: Number one again!