(TCPalm.com) Florida's foreclosure rate in September was the highest in the nation, data released Thursday by RealtyTrac show, and a surge in St. Lucie County foreclosure activity helped it get there.
In its Foreclosure Market Report for September and the third quarter, California-based RealtyTrac (www.realtytrac.com) said nationwide, foreclosure activity decreased in September by 7 percent from the previous month and 16 percent from a year earlier.
September's total was the lowest U.S. total since July 2007, and the decrease in September helped drop the third-quarter foreclosure numbers to the lowest level since the fourth quarter of 2007.
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Florida, however, was among several states, mostly those with a judicial foreclosure process, that bucked the national trend.