Foreclosures are rising in some Florida and Texas cities, as property taxes, higher interest rates and insurance costs are making it harder for owners to make their mortgage payments or sell their houses, Bloomberg reported.
Foreclosure filings increased by 37% in Houston in the first quarter, the outlet reported using data from property tracker Attom. It was followed by Orlando, Tampa and Miami. Two areas in California complete the top five, with the Dallas-Fort Worth-Arlington area in Texas following suit.
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