Florida was the state with the highest volume of foreclosures last quarter, with an approximate number of 57,000 listings of properties that entered into some point in the foreclosure process. This was 24 percent of the nation’s foreclosure activity, and was over 4.5 times the national average with an amazing 1 foreclosure for every 5 households! Wow…. here’s one location where you can locate foreclosure listings for free - Bargain Foreclosed Homes.

According to an article in the Miami Herald today, Foreclosures in Florida are on the rise. One of the major supplies of data relating to the real estate industry, RealtyTrac reported that foreclosures were at their highest level of the year. 16,533 properties entered foreclosure proceedings in August an increase of 50% from July.

Broward County in particular was third in the country for foreclosures with one out of every 174 households involved. Miami Dade was in the top five with 195 households.