Thursday, August 21, 2008

Florida Foreclosures Increasing

The Florida Bar News reported in their August 15, 2008 edition that foreclosures in Florida are increasing at a alarming rate to say the least. "According to the Office of the State Courts Administrator, real property/mortgage foreclosure filings in Florida court have risen from 59,907 in Fiscal year 2004-'05 to 274,084 in 2007-'08." That is a 358% increase over the past three years.

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