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Florida Foreclosure Filings Jump 15% Statewide In February |
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Thursday, March 11, 2010 10:26:23 am EST |
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BY JOHN FAKLER
Executive Editor
CondoVultures.com
While U.S. foreclosure activity in February fell two percent from the previous month, the number of foreclosure filings in Florida jumped 15 percent during the same period, according to a March 11 report by Irvine, Calif.- based RealtyTrac.
RealtyTrac's February 2010 U.S. Foreclosure Market Report™ noted 308, 524 foreclosure filings in February. Nationally, one in every 418 homes received a foreclosure filing during the month, according to the report.
In Florida, one in every 163 housing units receiving a foreclosure filing, the report noted.
Foreclosure filings in Florida rose more than 16 percent year-over-year, from February 2009 to February 2010. Nationally, foreclosure activity was six percent higher than in February, 2009.
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