Florida again led the nation with the highest percentage of homes in foreclosure in March, according to a new report.
Facts
HIGHEST PERCENTAGE:
9.7% of state’s homes were in such distress in March
The state’s foreclosure inventory — those in some stage of foreclosure — extended to 9.7 percent of all mortgaged homes in March, more than three times the national average.
Florida also reported the highest number of completed foreclosures over the past year, with 102,847, data provider CoreLogic said Tuesday.
The Tampa-St. Petersburg-Clearwater region posted the highest foreclosure inventory, at 10.2 percent, among the nation’s 25 largest metro areas.
Orlando-Kissimmee-Sanford was second, at 9.7 percent.
Nationwide, 2.8 percent of all mortgaged homes are in foreclosure.
Nearly 735,000 foreclosures were completed in the past year, with 14 percent of them in Florida.
Still, CoreLogic’s report provided some hopeful signs for both the U.S. and Florida, which has consistently had more foreclosures than most other states since the nation’s housing markets collapsed in 2007.