The Real Deal Miami

Foreclosure data hints improvement

May 13, 2008 12:33PM

The number of homes repossessed by lenders slowed by 5 percent in
April, according to a study by Foreclosures.com, while pre-foreclosures
declined by 7.52 percent. The California-based firm found Florida still
leads the nation in the total number of pre-foreclosure filings at
162,316 for the first four months of the year, or 25.6 per 1,000
households. But the state was not among the top five in REO filings per
household. TRD