John Hielscher | Herald Tribune |
“Florida held the nation’s top spot again in January for both the most completed foreclosures and the highest percentage of distressed properties.
A total of 116,000 foreclosures were completed in Florida during the 12-month period ended last month, more than twice as many as any other state, data provider CoreLogic reported Thursday.
The state also reported the nation’s highest foreclosure inventory, with 6.4 percent of all homes in the state in some stage of distress. But that was down from 10.1 percent a year earlier.
The state’s No. 1 ranking is familiar — it led the nation in both categories for all of 2013.
Florida accounted for 19 percent of the 607,370 foreclosures completed in January across the country.
About 794,000 U.S. homes were in some stage of foreclosure — a default notice, scheduled auction or bank repossession — in January, down 33 percent from 1.2 million one year earlier.
Nationwide, 2 percent of all homes with a mortgage are in foreclosure, a slight improvement from the 2.9 percent from the year before.”