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Speculators owned 60% of Florida county?s foreclosures

By Sam Glover

Buried in an article about the “rocket docket” in Fort Myers, Florida is this quote: Sixty percent of the cases handled here involve homeowners who were speculators and out-of-towners. They don’t bother showing up for the court hearing, so the process is quick, and many are handled in seconds. I assume that figure is higher, in part, [...] Related posts:

• Hennepin County foreclosures Google Maps mashup
• As Foreclosures Escalate
• Chart of foreclosures in Hennepin County, Minnesota (1988-2006)


Full post as published by Caveat Emptor on February 23, 2009 (boomark / email).

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