Foreclosure Inventory Spikes In Florida

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		Tech Science Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Law International Video Latest Retail Thursday, October 4, 2012 Foreclosure Inventory Spikes In Florida Foreclosure inventory across the U.S. is declining according to CoreLogic's latest foreclosure report.  1.3 millions or 3.2 percent of all homes with a mortgage were in foreclosure in August 2012, compared with 1.4 million, or 3.4 percent a year ago. But foreclosure inventory in Florida skyrocketed. The state posted an 11 percent increase in foreclosure inventory in August, and completed 92,000 foreclosures in the 12-months ending August.  In judicial states like Florida, there are concerns that shadow inventory could continue to grow as it takes a long time for foreclosures to be approved. This chart from CoreLogic shows the spike in Florida's foreclosure inventory: Read » Also On Money Game Today: STOCKS STAGE ROMNEY RALLY: Here's What You Need To Know The Stakes For Tomorrow's Jobs Report Are Incredibly High – Here's What You Need To Know Advertisement CHART OF THE DAY: Solar Power Has A Long, Long Way To Go To Be Competitive CHART OF THE DAY: Printing Money Like Crazy Sometimes Leads To Burning Witches At The Stake CHART OF THE DAY: The Divergence Between Stocks And Earnings Guidance Is Driving The Bears Absolutely Crazy Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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