Foreclosure pipeline still full in Florida

  • Florida cities make up half of the list of the 10 cities with the highest number of housing units in foreclosure in the nation.
  • For the 12 months ending in September 2015, Florida led all 50 states for completed foreclosures, with 91,000.
  • In Florida, foreclosure activity decreased year-over-year for the third quarter.

Florida is on the path to foreclosure recovery, says RealtyTrac in its third quarter report. The number of foreclosure starts fell by 28 percent, and the number of auctions declined by 46 percent year-over-year. In Florida, foreclosure activity decreased year-over-year for the third quarter.