Update from the Foreclosure-Based Economy 0
Job prospects for process servers still look bright in Florida:
One in 32 homes in the Sunshine State faced foreclosure last year, more than double the national average. That equates to nearly 280,000 homes receiving a notice of default, bank auction or repossession.
Though statewide home sales are up and prices are on the rise, the widespread glut of unpaid mortgages continues to beat back a full recovery.
Florida wrested the top dishonor from Nevada, which had posted the highest state foreclosure rate for five years in a row, RealtyTrac vice president Daren Blomquist said. Nevada had the second-highest rate last year and Arizona came in third.
The legacy of the banksters continues, with interest (paid by you, not by them).