Nearly 20% of Florida homes are vacant

Categorized | STOP FORECLOSURE FRAUD

Nearly 20% of Florida homes are vacant

Posted on21 March 2011. Tags: 20%, florida, foreclosure, foreclosure fraud, foreclosures, sales, vacant

By Les Christie, staff writerMarch 18, 2011: 4:14 PM ET

NEW YORK (CNNMoney) — It’s not always easy to feel sorry for sunny Florida. But they just got hit with another blow.

On Thursday, the Census Bureau revealed that 18% — or 1.6 million — of the Sunshine State’s homes are sitting vacant. That’s a rise of more than 63% over the past 10 years.

Having this amount of oversupply on the market will keep home prices depressed and slow any recovery.

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One Response to “Nearly 20% of Florida homes are vacant”

enough already says:

06/20/2011 at 1:23 am

only god can help us now

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Categorized | STOP FORECLOSURE FRAUD