Florida, however, continues to rank as the No. 1 state for - TopicsExpress

Florida, however, continues to rank as the No. 1 state for foreclosures. In the one-year period ending in June, Florida had 107,000 completed foreclosures. It was followed by California (72,000), Michigan (63,000), Texas (48,000) and Georgia (44,000). The top-five states accounted for almost half of all completed U.S. foreclosures. As of June 2013, approximately 1 million homes were in some stage of foreclosure, known as the foreclosure inventory, compared to 1.4 million in June 2012, a year-over-year decrease of 28 percent. Banks do not yet own homes in the foreclosure inventory.

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