The Real Deal Miami

We’re No. 2, and that’s bad

July 28, 2008 10:31AM

Florida saw a 25 percent jump in foreclosure filings in the second quarter from the previous three months, according to RealtyTrac’s quarterly report. The state ranked second nationwide, with 109,433 foreclosure filings — which includes default notices, auction notices and bank/lender repossessions. Florida also had the fourth-highest foreclosure rate in the second quarter, with one in every 78 households receiving a foreclosure filing, more than twice the national average. Among the top 100 metropolitan areas for foreclosure, Fort Lauderdale was No. 6, Miami was No. 10 and Palm Beach was No. 18.