Mortgage Lenders News

Florida foreclosures up 35 percent in July

According to ATTOM’s report, four Florida cities have seen a notable change in foreclosure starts over the past three months, including: Miami May: 4 percent increase June: 35 percent increase july: 29 percent increase jacksonville May: 22 percent increase june: 22 percent increase July: 81 percent increase

According to RealtyTrac, Florida accounted for the biggest share of foreclosure inventory of any state at the end of the 2012 calendar year with 305,766 properties in some stage of foreclosure or bank owned (20 percent of the national total).

As the scars of the last financial collapse still healing, Florida’s 55,000 foreclosures during a 12-month stretch ending August 2016 easily topped all other states.

The rebounding activity in Washington state is likely the result of lenders catching up with foreclosures delayed by a state law that took effect in July 2011. (42 percent), North Carolina (36.

This was a -12 percent change from July and -6 percent from August 2014 and followed five consecutive months in which foreclosure. including Florida (+23 percent), California (+31 percent), Texas.

The number of U.S. foreclosure filings reported for July were up 93% over the same month last year. just five states – California, Florida, Michigan, Ohio and Georgia – accounted for more than half.

Low Supply and High Demand Drive Median Prices Up SARASOTA, Fla. (August 24, 2017) – The latest data, compiled from My Florida Regional Multiple Listing Service, continues to fluctuate in July of 2017 in the two county area. Closed sales increased in Sarasota County by 5.8 percent, compared to July 2016. However, sales in

Notices of Default and scheduled foreclosure auctions rose after three straight months of decline. There were first-time filings on 99,405 properties in August, a 1 percent increase from July. were.

As evidence of its booming economy, Tampa Bay is the only major metro area in Florida where foreclosure filings haven’t started to climb. In July, by contrast, Orlando, Jacksonville and Miami.

Brooklyn and the Bronx, meanwhile, saw respective 46 percent and 27 percent month-over-month decreases in newly scheduled foreclosure auctions. Brooklyn’s 20 scheduled auctions also represented a 35.

California, Nevada, Florida. a 35 percent increase. One in every 84 households received a foreclosure notice. Among the other metro areas where foreclosure activity jumped by a large margin this.

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