Despite Decrease, Florida Is No. 3 In Foreclosures
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ORLANDO (CBSMiami/AP) – Despite a decrease in foreclosures, Florida still ranks as one of the highest in the nation.
The state's foreclosure activity has declined by more than a third from a year ago.
The research firm Realty Trac reported last week that Florida has one of 570 homes with a foreclosure filing last February.
That figure put Florida with the third-highest rate, only behind Maryland and Nevada.
Florida's foreclosure activity has declined by 35 percent in the past year.
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