Painful stretch: Florida foreclosures grow lengthier

It takes more than a year and a half for the average Florida foreclosure to slog through the system, nearly four times the pace in 2007, and analysts say the timeline probably will increase.

The length of time from initial court filing to bank repossession in Florida – 619 days – is significantly higher than the national average of 400, according to a foreclosure report released today by Irvine, Calif.-based RealtyTrac. The national average in 2007 was 151 days.

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