Increased foreclosures expected in S. Florida as housing market cools

Increased foreclosures expected in S. Florida as housing market cools: South Florida Sun-Sentinel: "Florida's overheated housing market has had an unintended benefit: Foreclosures are way down because struggling owners can usually sell for a profit and get out from under their debt.

But experts expect that to change within a year as the rising cost of insurance, taxes, utilities and gasoline clobber large numbers of owners who used creative financing to buy homes they otherwise could not afford"
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