Tampa Bay’s foreclosure rate continues to fall

July Housing Market Update. According to NAR, home sales rose 9% nationwide, while days on market (-8%)and listings dropped (.4%) in July. July is usually not a big month for real estate sales so an 8% price may predict even higher price rise rates in the fall. nar believes home prices will rise 9% YoY.

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In an encouraging sign for the general economy, the number of Tampa Bay borrowers who owe more than their homes are worth continues to plunge. Hillsborough had 41.5 percent fewer sales of.

Fla.’s foreclosure rate dropping, state now No. 4 IRVINE, Calif. – July 14, 2016 – While Florida continues to have a higher number of foreclosures, the total number continues to drop, and the state’s U.S. ranking

Many millennials have tended to avoid home ownership, in part because they are wary of the recent volatility of home values and remember Florida’s painful foreclosure. Tampa Bay homes will continue.

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Find the best foreclosure homes listings for sale – bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others – in and near the tampa florida area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Tampa Florida and much more.

"TAMPA – Tampa Bay posted the nation’s fourth-highest foreclosure rate last month as the sludge of bad home loans continues to gum up local courts, RealtyTrac data released today show. More than 5,000 notices of mortgage default, foreclosure auction or repossession were sent across Tampa Bay last month, a 23 percent jump over last February, data show .

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Latest tampa bay area Foreclosure Homes for Sale 935 62nd Place S, St Petersburg $133,000 2 bedroom/1 bedroom, 1 attached car garage looking for a new owner.

Tampa Bay courts faced a backlog of more than 41,000 pending foreclosures by the end of 2013, down from 50,000 at the end of last summer, state court data show. But clearing the rest won’t be quick: Judges are ruling on or dismissing about 2,000 cases a month.

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