Florida led the nation in foreclosure activity for the third quarter of this
year as adjustable-rate mortgages came home to roost, a RealtyTrac report shows.
In Palm Beach County, one in every 153 households was in foreclosure in the
third quarter — more than twice the national rate and up 26 percent over
the third quarter of 2005. Compared with the previous quarter, foreclosures
rose 38 percent.
