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Florida Leads Nation In Foreclosures; Space Coast Hurting The Most

Florida recorded more than twice the national average, with one in every 304 homes in foreclosure last month.

Daren Blomquist of the real estate monitoring firm RealtyTrac says home failures continue to plague the state, and are heading in the wrong direction.

The Palm Bay-Melbourne-Titusville metro area on Florida's Space Coast had the worst foreclosure rate in the country with four times more than the national average.