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Economy / Business

RealtyTrac: Tampa Bay Leads Nation in Rate of New Foreclosures

foreclosure.jpg
Jeffery Turner
/
Flickr Creative Commons

The foreclosure-tracking website RealtyTrac released its midyear report today, and Tampa Bay stood out nationwide as the metro area with the highest increase in foreclosures.

From the second half of 2011 to the first half of 2012, Tampa-St. Petersburg-Clearwater saw a 47 percent jump in foreclosure filings.

Of the 20 metro areas with the highest overall foreclosure rates, half were in California and four were in Florida: 

  • No. 12: Orlando
  • No. 13: Miami
  • No. 17: Cape Coral
  • No. 18: Lakeland

This RealtyTrac map offers a more detailed view of foreclosure activity in Florida: