UPI: Florida’s foreclosure ordeal is far from over

Florida’s current and potential foreclosure inventory amounts to 6.8 times the  size of the visible inventory of listings on Realtor MLS systems in the state  and it will take years to clear out at today’s demand levels. Most of those  distressed properties are in South Florida, the coastal resorts, and Orlando and  Jacksonville, which have traditionally been the sites of most of the state’s  foreclosure activity.

Read more: http://www.upi.com/Business_News/Real-Estate/2012/06/05/Floridas-Foreclosure-Ordeal-is-Far-from-Over/6951338925511/

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