Florida foreclosures up 35 percent in July

In terms of raw volume, California, Florida and Michigan were the nation’s most active for foreclosure activity. california reported 39,013 foreclosure filings in July, the most of any state for the.

Florida. less than 1 percent. That was below the statewide rate of 1.1 percent and a healthy drop from the region’s rate in August 2016 of 1.2 percent. The nationwide foreclosure rate was 0.6.

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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.

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Florida, Nevada and Texas are in a three-way tie for fourth place. The study states that 73.3 percent of drivers in the Sunshine State have insurance, the lowest amount in the country.

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.

“Recent foreclosure activity patterns vary significantly from state to state, often hinging on the level of dysfunction that exists in each state’s foreclosure process. In states like Florida. July.

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First-time foreclosures in New York City dipped 17 percent in the third quarter this year, marking the first time since early 2017 that the. A 618-unit apartment complex in Astoria is facing.

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.

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.

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.

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