According to Florida Realtors:
• Since the end of 2010, all distressed property listings and sales, except for single-family-home short sales, have declined.
• Average prices for distressed and normal property sales have begun to stabilize.
• Compared to total listings in the MLS, Florida’s highest percentage of distressed property are in the I-4 corridor and Southeast Florida; the lowest percentages occur in Northwest Florida.
• Florida’s shadow inventory was 550,000 units at the end of 2011, approximately a 9 percent decline from its peak in the first quarter of 2010.
• Currently, the flow of new seriously delinquent (90 days or more) loans moving into the shadow inventory is offset by the approximately comprable flow of distressed sales.
• The number of foreclosures and REOs was significantly lower in February of 2012 than one year earlier.
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