UPI: Florida’s foreclosure ordeal is far from over

June 14th, 2012 at 09:57 PM |

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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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