Florida foreclosures up 35 percent in July

21 states posted a year-over-year increase in foreclosure starts in July, including Florida (up 35 percent); California (up 3 percent); Texas (up 7.

2012, 50.9% of all FL unemployed were at 27 weeks or more. zUnderwater Homes (owe more than the home is worth)Underwater Homes (owe more than the home is worth) zin october, underwater homes were down to 38.3% of all residential mortgages in Florida. Hendry County had the highest percentage at 64.2%, followed by Glades County at 56.3%.

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The U.S. foreclosure pre-sale inventory rose to 0.57 percent in July, up by 0.73 percent from June but down by more than 27 percent from a year ago. Black Knight noted though starts rose nationwide, foreclosure referrals in hurricane-affected areas of Texas increased by a higher-than-average 19 percent.

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. In July. price of a foreclosure up nearly 25 percent, to $137,250.

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.

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The foreclosure situation in Connecticut seemed to be improving, as bank-owned foreclosures fell 35.8% from March 2016 to March 2017. But in the last year, bank home foreclosures are rose 6.3%, greasing the skids for the Nutmeg State to make this "top 10" list.

July 2019. Florida 1 in every 1391 Top 5 Counties. The current distribution of foreclosures based on the number of active foreclosure homes in Florida. Pre Foreclosures. Prior Month. Up to 50% savings on foreclosures.

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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-over-year increase in foreclosure starts nationwide following 36 consecutive months of year-over-year decreases.

In Florida, foreclosure rates remain remarkably high. And the levels in several other states were [.] 24/7 Wall St. – Insightful Analysis and Commentary for U.S. and Global Equity Investors