February 29, 2024

Datamine

| 11/14/2011

Average foreclosure wait grows 10 percent in Florida

The average time for a Florida foreclosure to wend its way through the system is 749 days - a little more than two years - according to the latest data from analysts at RealtyTrac.

The foreclosure timeline for the third quarter of 2011 is a 10 percent increase from the second quarter but keeps Florida in third place nationwide for the length of time it takes to repossess a home.

New York is in the top spot at 986 days, followed by New Jersey at 974 days. The national average is 336 days.

Read more at the Palm Beach Post.

Florida Business News

Florida News Releases

Florida Trend Video Pick

Former Dolphins star Channing Crowder takes shot at comedy
Former Dolphins star Channing Crowder takes shot at comedy

Former Miami Dolphins star Channing Crowder has always been a funny person, but now he’s taking it to another level.

 

Video Picks | Viewpoints@FloridaTrend

Ballot Box

Are you better off financially than you were one year ago?

  • Yes
  • No change
  • I am in a worse financial situation
  • Unstable finances/On shaky ground

See Results

Florida Trend Media Company
490 1st Ave S
St Petersburg, FL 33701
727.821.5800

© Copyright 2024 Trend Magazines Inc. All rights reserved.