Bradenton-Sarasota foreclosure rate continues to fall

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A total of 33,623 US properties started the foreclosure process in. a year-over- year decrease and a foreclosure rate of one in every. Rents continue to increase in metro areas such as Houston and.. Lakeland, FL 33801.

The foreclosure market can indicate how healthy the economy is. Read here to learn more about foreclosure rates and mortgage delinquencies.

SARASOTA/BRADENTON – The foreclosure rate in the North Port-Bradenton-Sarasota region dropped nearly four percentage points in September compared with September 2012. The rate of foreclosures in the area among outstanding mortgage loans was 6.58% in September, according to real estate data firm CoreLogic.

The percentage of Tampa Bay homeowners late on their mortgage payments continues to fall. According to the real estate information firm CoreLogic, 4.2 percent of bay area homeowners were at least.

Foreclosure rates in North Port-Bradenton-Sarasota fell in May from the same time last year, according to the CoreLogic data. The report shows foreclosures represented 11 percent of all outstanding mortgage loans in the greater Sarasota area in May, a decrease from May 2011, when the rate was 12 percent.

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A list of the biggest increases in foreclosure rates across Florida reads like a map of the fallout from the unbridled real estate boom. Foreclosures spiked 788 percent during the last three years.

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FY 2013-14 and FY 2014-15 Foreclosure Initiative Information. At the height of the foreclosure crisis, filings in Florida state courts soared to 400,000 cases in one year, compared to an average of about 70,000 case filings per year before the crisis. With new cases being filed faster than the Florida courts could resolve them, a backlog developed topping 300,000 cases in June of 2013.

I do think over the course of the next 12 to 18 months, we’ll continue to see foreclosure rates and serious delinquency rates drift lower. We’ll probably be back to what that normal level was.

The moratoria reduced farm foreclosure rates in the short run, but they also appear to have reduced the.. dential wealth during the 1920s and continued to rise until. in 1935.11 Hence, sharply falling incomes made it increasingly. FL. GA. IA. IL. IN. KS. KY. LA. MA. MD. ME. MI. MN. MO. MS. MT. NC. ND. NE. NH. NJ . NM.

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