Following up on my March 1 note, foreclosures are up 25% in Broward County, Florida according to a press release by Default Research. I have to admit, I do love Ft. Lauderdale and have met many great local folks there. While this press release is pretty short on facts as to the reasons why the foreclosure rates are up, I know from some of the locals that it was very difficult getting back on their feet after the hurricanes of the past few years.
The news out of Ohio is also not so great for homeowners in Stark County and Montgomery County.
