According to a report from RealtyTrac, foreclosures are down in Florida for the first quarter of 2015 and throughout the United States. Florida led all states in foreclosures, with 50,683 out of the 313,487 homes that have been served notice. And yet, foreclosure rates in the state are down 27 percent compared to the first quarter of 2014. The national decrease is in spite of a jump in foreclosures during March, where the rate shot up 11 percent from the month before. Most of these new filings were bank repossessions, which grew by 50 percent nationally compared to the previous month to 36,152.
