ORLANDO, Fla. (AP) — 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.
Copyright 2014 The Associated Press.