Jacksonville Tops in Foreclosures
Florida has been hit particularly hard in the foreclosure arena. According to RealtyTrac, one in 328 homes in Florida is in foreclosure, over three times the national average. Jacksonville tops the list for foreclosures, with one in 230 homes in foreclosure. Palm Beach, Broward and Miami-Dade counties tie for second place with one in 250 homes in foreclosure. The increase in foreclosures is directly tied to Florida courts clearing out the backlog of foreclosures.