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FEB 07, 2013 - Time

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Florida Is Swamped with Foreclosures – And Deals on Distressed Homes

Ah, Florida. It’s celebrated as the land of sunshine, snow birds, theme parks, and beaches. This year, it’s also considered the hottest state for snatching up foreclosed homes on the cheap. For deals on distressed homes, look south. According to a new study from the foreclosure-tracking firm RealtyTrac, Florida was home to 8 of the country’s top 20 metropolitan areas for highest foreclosure rates last year. By no small coincidence, 5 of the top 10 “Best Places to Buy Foreclosures in 2013″ also just so happen to be in Florida. To come up with its “Best ... Read More

Tags: Florida Is Swamped with Foreclosures – And Deals on Distressed Homes,  Best Buy Latest News