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Foreclosure Homes Miami Florida News

South Florida Leads National Foreclosure Numbers

The Miami metropolitan area doesn't top the list of the nation's highest foreclosure rate, but it did come in 10th, according to research firm, Realty Trac. The numbers showed the nearly 4 percent of all homes in South Florida received a foreclosure notice during the first half of 2010. However, in terms of the total number of foreclosure, South Florida leads the way.

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South Florida ranks 10th in nation in foreclosures

Nearly 4 percent of homes in the Miami metro area received a foreclosure notice during the first half of 2010 The Miami metropolitan area has the nation's 10th-highest foreclosure rate, with 3.89 percent of homes receiving a notice during the first half of 2010, RealtyTrac Inc. said Thursday.

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Foreclosure activity up across most US metro areas

Households across a majority of large U.S. cities received more foreclosure warnings in the first six months of this year than in the first half of 2009, new data shows.

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South Florida ranks 10th nationwide in foreclosures

In terms of sheer numbers, the Miami metro area, which includes Palm Beach, Broward and Miami-Dade counties, led all regions with 94,466 homes in some stage of foreclosure from January through June. That's off 8 percent from the previous six months, but up roughly 11 percent from the first half of 2009.

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Foreclosure activity continues to rise locally

Nine of the nation's top 20 metro foreclosure rates are in Florida, with the Tampa area rounding out the list.

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