Foreclosure filings declined in South Florida in 2015 but the region still had the fifth-highest foreclosure rate in the nation, according to RealtyTrac.
The tri-county area had 48,830 homes with a foreclosure filing last year, down 28.9 percent from 2014. That’s the lowest since 2006. RealtyTrac counts a foreclosure filing as a new foreclosure lawsuit, a notice of auction or a repossession.
South Florida had one foreclosure filing for every 51 homes, ranking fifth for highest rate behind Atlantic… …read more
From:: biz journal foreclosures