Number of foreclosures down nationally but Florida still further underwater

While the number of home foreclosures was down across the country for the month of March, to 1.5 percent, Florida is not doing quite as well.

The Sunshine State recorded more than double the national average for foreclosures, coming in at 3.2 percent of the broader real estate market, according to the latest Mortgage Monitor report by Black Knight, the financial information systems company based in Jacksonville.

Florida, along with California, led the nation with the highest number of properties… …read more