Housing bust top state story in 2008

The collapse of the real estate market, including stalled sales, falling
home prices and unfinished developments, was voted Florida’s top story
for the year in a poll of newspaper editors. South Florida’s unwelcome spot
in the epicenter grabbed headlines nearly every day, as the total
values of homes, businesses and properties dropped $153 billion.
Foreclosures skyrocketed and put the state among the four worst-hit
markets in the country, alternating the worst spot with California,
Nevada and Arizona.