The Real Deal Miami

Florida’s foreclosures show “hockey stick” growth

June 09, 2008 01:13PM

A graph of foreclosures in Florida over the past ten years resembles a “hockey stick” shape, representing rapid growth over the past year. The report, published by Lawler Economic & Housing Consulting, shows a similar, yet less drastic, recent climb in outstanding mortgages on 1-4 family buildings.