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Florida Ranks Second in Foreclosure

January 15th, 2009 by flanews

Florida recorded the second highest foreclosure rate in the nation for 2008.

The states foreclosure rate is up more than 130 percent from 2007. Statewide, one out of every 22 homes received at least one foreclosure filing. Governor Charlie Crist said Florida needs help from the Federal government to solve the housing crisis.

Its not rocket science. Instead of balancing the books of the lending institutions, this needs to be utilized to help people. Thats really what its all about, and I think the new administration understands that and will get about the business with out help and make that happen, said Crist.

A statewide moratorium on housing foreclosure expired Thursday.

Posted in Charlie Crist, Housing, State News | 1 Comment »

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