Posted on Friday, January 22, 2016 at 10:25 am CST
According to statistics gathered by RealtyTrac and published by the Miami Herald, South Florida currently holds the number six spot on a list of metro areas in the U.S. with the highest foreclosure rates. Although economic recovery is still underway, about 1 in every 87 homes in Miami-Dade, Broward, and Palm Beach counties is currently in the foreclosure process.
Source: Florida Cash Home Buyers