Brevard County tops nation in foreclosure sales this year

Updated:

BREVARD COUNTY, Fla. - Brevard County is predicted to lead the nation in foreclosure sales this year, according to real estate firm Realty-Trac.

At an average price of $94,000, foreclosures in Brevard County are the most affordable in the country.

Brevard's foreclosure re-sales accounted for nearly a quarter of all county home sales in last year, and foreclosures re-sold for 28 percent less than other homes in Brevard.

Lakeland, Tampa, Jacksonville and Orlando were also listed in the Top 10.

RealtyTrac used four criteria to make their list: the month's supply of foreclosed properties; the percentage of foreclosure sales; the foreclosure discount; and the increase in the percentage of foreclosure activity in 2012.