Florida foreclosures up 35 percent in July
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ATTOM: Fla. foreclosure starts up 35% in July By association news august 21, 2018 Uncategorized PERT-news A multi-month trend suggests that foreclosure numbers bottomed out and are now rising again, based in part on looser lending regulations.
Florida Still Ranks High In Number Of Foreclosures – Tampa, FL – Florida ranked among the top states with the highest number of legacy foreclosures on loans originated between 2004 and 2008.
More than 35 percent of all foreclosures are concentrated in the following states: florida georgia michigan ohio texas The highest rate of serious mortgage delinquency is not found in the five states listed above; the state with the most troubling rate of mortgage payments happens to be New Jersey, followed by New York and Mississippi.
One in every 328 Florida homes was in some stage of foreclosure, more than three times the national average. The state also led the U.S. in total filings with 27,266, up 7 percent from a year earlier.
The company counted 1,396 foreclosure filings last month. While the year-over-year number was down, Palm beach county foreclosures were up 32 percent from June, RealtyTrac says. Florida, meanwhile, remains the nationwide king of foreclosures, with 22,000 filings in July – twice as many as California.
Miami Foreclosures Up 29 Percent From July 2017 to 2018, Report Says.. Florida saw 35 percent more foreclosure filings this month than in July 2017 – the largest single-state spike in America.
The number of auction notices statewide in July was up 35 percent from July 2007, however. In Norfolk County, foreclosure deeds in July rose 35 percent from the previous year to 65. Foreclosure.
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A total of 30,187 U.S. properties started the foreclosure process for the first time in July, up 1 percent from the previous month and up less than 1 percent from a year ago – the first year.
In Florida, foreclosure starts rose 74 percent in August from July and increased 24 percent from August 2013, marking the first year-over-year increase in new foreclosures filed after 17.
The current distribution of foreclosures based on the number of active foreclosure homes in Florida. pre foreclosures. prior Month Prior Year 16.1 %. 22.6 %.. up-to-date database of foreclosures Up to 50% savings on foreclosures.