More from the article by Les Christie of CNN:

On Thursday, the Census Bureau revealed that 18% -- or 1.6 million -- of the Sunshine State's homes are sitting vacant. That's a rise of more than 63% over the past 10 years.

Having this amount of oversupply on the market will keep home prices depressed and slow any recovery.

What recovery? As a homeowner in the U.S., I hate to say it. But this market may still be a ways away from finding a bottom.

Hate to be the bearer of bad news, especially to those directly affected. But the data is what it is.