Florida leads nation in foreclosures

Orlando tops list in April

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Financial think-tank Wall Street 24/7 examined unemployment and foreclosure rates, change in home prices and other economic data to rank the 10 most miserable U.S. housing markets by state.

ORLANDO, Fla. - Florida had the nation's highest foreclosure rate in April, even though it was lower than the same time last year.

The research firm RealtyTrac reported last week that Florida's April foreclosure rate was the highest in the nation, despite being down 9 percent from April 2012.

RealtyTrac says one in 400 Florida homes had a foreclosure filing in April.

Among U.S. metro areas with populations of more than 200,000 people, 11 of the 20 cities with the highest foreclosure rates were in Florida.

Orlando was at the top of the list. It was followed by the Daytona Beach area, South Florida, Jacksonville, metro Tampa and the Space Coast area. Lakeland and metro Sarasota were ranked ninth and 10th.

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