ZILLOW REPORTS ALMOST HALF OF ALL 
SEPTEMBER SALES IN SOUTH FLORIDA 
SOLD FOR A LOSS.
 The  tri-county area has a 42% rate of underwater mortgages for single  family homes.  Home values have fallen since the 2006 peak by 53% with  price levels what they were in July 2002.  In October foreclosures  increased with one in every 155 Florida housing units receiving a  foreclosure filing, 2nd   behind California and 17% of all US foreclosures. 

 
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