Florida foreclosure inventory up 11 percent

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Foreclosure inventory increased 11.2 percent in Florida in July, compared to the same period in 2011, according to data released by CoreLogic. A total of 92,046 foreclosures have been completed in Florida in the last 12 months, the second-highest total of any state in the nation. Nationally, foreclosure inventory rose 3.2 percent in the same period, for a total of 794,744 completed foreclosures. There have been approximately 3.8 million foreclosures completed in America since 2008. — Alexander Britell