April 24, 2024


| 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

Florida shoe cobbler mends more than soles
Florida shoe cobbler mends more than soles

Jim McFarland, a fourth-generation shoe cobbler in Lakeland, Florida, never anticipated his trade mending shoes would lead to millions of views on social media. People are captivated by his careful craftsmanship: removing, then stitching and gluing soles on leather footwear.

Video Picks | Viewpoints@FloridaTrend

Ballot Box

Do you think recreational marijuana should be legal in Florida?

  • Yes, I'm in favor of legalizing marijuana
  • Absolutely not
  • I'm on the fence
  • Other (share thoughts in the comment section below)

See Results

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

© Copyright 2024 Trend Magazines Inc. All rights reserved.