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Florida Foreclosures Surge Amid Rising Costs | Orlando News
Description
Florida’s foreclosure crisis is hitting record highs, with over 39,000 properties facing default notices, auctions, or repossession in the first half of the year—a 21% spike from last year. Rising living costs, pandemic-era delays, and economic instability are fueling the surge. Homeowners are being crushed by insurance, HOA fees, and taxes, while many who fell behind during COVID are now facing catch-up. Experts urge homeowners to act fast—contact lenders for relief options—and buyers to ensure they can truly afford payments and keep emergency savings.
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