DISTRESSED PROPERTY UPDATE FOR NORTHWEST FLORIDA

EMERALD COAST OF FORECLOSURE ACTIVITY BY COUNTY:

OKALOOSA COUNTY: 204 Foreclosures – 1 in every 453 housing units received a foreclosure filing in September 2012 – Crestview, Destin, and coastal Fort Walton Beach are the hot spots.

WALTON COUNTY: 85 Foreclosures – 1 in every 483 housing units received a foreclosure filing in September 2012 – Santa Rosa Beach, Freeport, and Defuniak Springs are the hot spots.

BAY COUNTY: 237 Foreclosures – 1 in every 428 housing units received a foreclosure filing in September 2012 – Youngstown and Panama City Beach are the hot spots.

SANTA ROSA COUNTY: 162 Foreclosures – 1 in every 420 housing units received a foreclosure filing in September 2012 – Milton and Navarre are the hot spots.ESCAMBIA COUNTY: 162 Foreclosures – 1 in every 786 housing units received a foreclosure filing in September 2012 – Pensacola and Cantonment are your hot spots (Keep in mind that Pensacola is higher density than most Emerald Coast cities.Current Trend: Investor Driven Market

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Source: Realtytrac.com

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