Finding Florida's face of foreclosure

Studies: Families with children most affected by crisis

The face of foreclosure has many forms. Highly educated, relatively affluent Americans make up a significant share of those caught by the sweep of foreclosures, according to a study by the Florida Association of Realtors.

The study, conducted by data analysis and consulting firm Strategic Guidance Systems for the association, examined a three-year period (March 2006 to February 2009) to tease out particular demographic trends among those receiving foreclosure notices in Florida. It found that incomes and education levels varied among those facing foreclosure.

While 27 percent of affected homeowners reported incomes of $35,000 or less, 20 percent had incomes of $100,000 or more, the study said.