Florida’s foreclosure rate climbs 12% in January

TRD MIAMI /
Feb.February 14, 2013 12:00 PM

For the fifth straight month, Florida has seen the highest foreclosure rate of any U.S. state, according to a report released today by data provider RealtyTrac. In January, the foreclosure rate in Florida climbed 12 percent from the previous month and 20 percent from January 2012. One in every 300 Florida housing units was in some state of foreclosure—more than twice the national average.

With a total of 29,800 properties filing for foreclosure in January, the Sunshine State also posted the highest number of foreclosed homes for the month, marking the first month in six years that California has not had the highest number of foreclosure properties.

Florida cities also accounted for six of the top ten metro foreclosure rates. Ocala, Fla. topped the list, with one in every 223 housing units with a foreclosure filing in January. Miami came in second with one in 228 housing units, Orlando in third with one in 241, Jacksonville in eighth with one in 301, Tampa at ninth with one in 307 and Lakeland in tenth with one in 332.–Sanna Chu


Related Articles

arrow_forward_ios
Susan Gale and Variety Miami Beach

Miami Beach hotel facing foreclosure hits market for $37M

Miami Beach hotel facing foreclosure hits market for $37M
Gov. Ron DeSantis extended the moratorium on residential evictions and foreclosures in Florida to October 1st (Credit: iStock)

Florida extends evictions and foreclosures ban to October

Florida extends evictions and foreclosures ban to October
David Edelstein, George Gleason and 918-920 Lincoln Road (Google Maps)

Bank OZK seeks to foreclose on David Edelstein’s Lincoln Road buildings

Bank OZK seeks to foreclose on David Edelstein’s Lincoln Road buildings
Matthew Kramer, Victor Petrescu, Sebastian Jaramillo and Gov. Ron DeSantis (Getty, iStock) 

Florida’s piecemeal extension of foreclosure, eviction ban “better than nothing, but only deferring the inevitable”

Florida’s piecemeal extension of foreclosure, eviction ban “better than nothing, but only deferring the inevitable”
Ron DeSantis (Getty)

DeSantis extends residential foreclosure and eviction ban another month

DeSantis extends residential foreclosure and eviction ban another month
Birdman with the home (Credit: Gabriel Olsen/Getty Images)

Investor buys rapper Birdman’s Miami Beach home out of receivership

Investor buys rapper Birdman’s Miami Beach home out of receivership
Florida governor Ron DeSantis (Credit: Joe Raedle/Getty Images)

DeSantis again extends foreclosure and eviction ban

DeSantis again extends foreclosure and eviction ban
Photo illustration of Ron DeSantis (Getty, iStock)

DeSantis announces $250M rental, mortgage assistance fund

DeSantis announces $250M rental, mortgage assistance fund
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...