Following Declines, Foreclosures Rise Again
Following two straight month-over-month decreases, Florida foreclosure activity increased slightly in Nov. 2009. A total of 52,935 Florida properties received foreclosure filings during the month, an increase of nearly 2% from the October and up 8% from Nov. 2008.
Illinois activity decreased almost 18% from a record high in October, but the state’s 16,422 properties with filings was still 108% higher than a year earlier. After three straight months of decreases, Arizona activity increased nearly 8%. The state received 14,349 foreclosure filings during November.