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Florida Ranked 2nd In Nation In June Foreclosure Filings

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By SHANNON BEHNKEN | The Tampa Tribune

Published: July 10, 2008

Updated: 07/10/2008 10:46 am

TAMPA - Floridians continue to struggle to keep their homes, according to a report released today by California-based RealtyTrac.

Florida had the nation's second-highest number of foreclosure filings at 40,351 in June.

That's an increase of nearly 8 percent from May and nearly 92 percent from June 2007. At that rate, one in every 211 Florida properties received a foreclosure filing during the month — 2.4 times the national average.

Florida's rate of foreclosure was the fourth highest among all states – the same ranking it has had for the past three months.

Nevada, California and Arizona continued to document the three highest state foreclosure rates.

Other states with foreclosure rates ranking among the top 10 were Michigan, Ohio, Colorado, Georgia, Indiana and Utah.

The top metro foreclosure rate in Florida was posted by Cape Coral-Fort Myers. One in every 91 households received a foreclosure filing — fourth highest among the nation's metro foreclosure rates.

The Tampa area was not in the top 10 and therefore was not included in the report.

Reporter Shannon Behnken can be reached at (813) 259-7804 or sbehnken@tampatrib.com.

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