January 26, 2022

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

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Deauville hotel may be demolished: Watch drone footage of what it looks like now
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