Florida continues to lead the nation in foreclosures

Even though foreclosure activity is down substantially for the year in the Sunshine State, Florida still leads the nation in foreclosures.

New figures released last week by the research firm RealtyTrac show that Florida once again had the nation's highest foreclosure rate in November.

Florida has been at the top of the list for 13 of the past 14 consecutive months.

One out of 462 housing units had a foreclosure filing in Florida in November.

But Florida's foreclosure rate is trending in the right direction: downward.

In November, Florida had a 15 percent annual decrease in foreclosure activity and a 4 percent monthly drop.


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