» Between September 2005 and September 2006, Florida’s statewide median home sale prices remained stable, coming in just below $248,000. »The rate of home price appreciation in Florida was 21.3 percent in the second quarter of 2006 – more than twice the national average. »Florida leads the Southeast in foreclosure filings and had more than 107,500 filed by December 2006 – an increase of 13 percent from the 92,269 filed in 2005. »Property insurance is increasingly costly in Florida today – Citizens Property Insurance Corporation, the state government’s “insurer of last resort,” is projected to become the largest insurer in the state by the end of 2007 with a record 1.35 million customers and $4 billion in annual premiums (accounting for roughly a third of the total market). » Revenue growth was supported by a strong demand for real estate loans in mid-2006. Through June 30, 2006 total income from real estate loans accounted for approximately 64 percent of gross revenue compared to 49.3 percent nationally.