Florida foreclosures up 35 percent in July

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.

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.

Image Credits: Getty Images/gerenme ORLANDO, Fla., Feb. 12, 2019 – Florida’s housing market wrapped up 2018 with more sales, higher median.Read More »

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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.

 · When the "faster foreclosures" law first took effect in July, Florida courts saw 4,386 new foreclosures, plummeting 70 percent below the state’s average of 15,000 filings a month.

We’re not only seeing lenders work through the pent-up foreclosure inventory. behind only July and August of this year. More than 60 percent of all foreclosures in the U.S. happened in six states -.

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

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.

 · Great Recession, 10 years later: Foreclosure crisis cut deeply; the sting is still felt. An intense and rapid flurry of mortgage foreclosures drove many from their homes in SW Florida during the.

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Florida has now been the top state for foreclosures for five months, thanks, in part, to the number of new starts in July. One in every 408 Florida housing units had a foreclosure filing in July.

Orleans: 160 filings for a rate of one in every 1,119 housing units, a 35 percent. filings, up 2 percent from June, but down 32 percent over July 2012. That’s equal to one in 1,001 housing units..

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