Orlando No. 10 on foreclosure list - Orlando Business Journal:

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The Orlando market notched the 10th highesrt foreclosure rate amongthe nation’s largestt metropolitan areas, while Florida overall had the seconfd highest foreclosure rate with one in every 135 homesz receiving a foreclosure filing in Florida’s foreclosure rate, which was 37 percen t higher than March’s was more than 2.7 times the nationaol average. Bank repossessions totaled 6,114, down 7 percenty from the previous month, but default and auction notice s wereconsiderably higher, the report said. Only Nevadaq posted a higher foreclosure rate than topping the nation with one in every 68 homes receiviny aforeclosure notice.
The Sunshine State also reporter 64,588 foreclosure filings in April, second only to California’x 96,560 filings. Nearly half of the 1,741 closingws in April — 865 — were either bank-owned of distressedf properties, the reported May 11. Values, according to the continued to fall as the median pricewas $132,900, 37 percentf lower than the same time last year. RealtyTracv tracks more than 1.
5 million auction and bank-owned listings from more than 2,200 counties