Foreclosure Rates Down in Jacksonville Florida

14 11 2009

Foreclosures in Florida declined slightly in October, both from September and from last October, according to figures from RealtyTrac. It was the first year-over-year decrease in foreclosures in the state since July 2006.

The foreclosure rate was down in Duval County as well — down 31 percent from September and 16 percent from October 2008. Duval was 25th in the state with one foreclosure for every 232 households.

Despite the dip, Florida held onto its position as third in the nation in foreclosures, with one foreclosure for every 168 households. Nevada led the nation with one foreclosure for every 80 households, followed by California with one for every 156 households.

Nationally foreclosures were down 3 percent from September but up 19 percent from October 2008.

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