Florida ranks second highest in foreclosure rates nationwide, a July report found.
ATTOM Data Solutions, a leading property data analysis group, reported foreclosures have increased 11% across the U.S. since July of last year — and were up 13% in July compared to the previous month — indicating that Americans are struggling to keep up with their mortgage payments.
Florida’s percentage was smaller — at 3.4% — but its foreclosure rate of one in every 2,420 homes is second only to Nevada, where it’s one in every 2,326. These cases are prevalent mostly in South Florida and the coastal areas of the peninsula, while mid-Florida has, so far, managed to avoid the higher increase…