Miami foreclosure rate fell in February
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Now you can bid on Miami Dade County Foreclosures right from your computer! Dade County has 1000’s of properties coming up for foreclosure auction and now you can get in on the action. As of January 2011, Dade has opened up their foreclosure auctions to online bidding. Take advantage of this opportunity and save 10’s of thousands of dollars or your next home or investment.
Sales of distressed homes (REO and short sales) fell to their lowest level in seven years and foreclosure inventory dropped by 34 percent year-over-year in December 2014, according to CoreLogic’s.
A "for sale" sign lays on the ground in front of a foreclosed home in Homestead in 2009. J Pat Carter AP Miami-Dade County’s foreclosure rate fell in February, continuing a consistent trend.
Even as home delinquency rates across the country hit record lows, some cities in Florida. Across the country, the number of foreclosure filings fell to 55,646 properties from 58,550. with 90 percent annual growth in Orlando and 45 percent annual growth in Miami.. Home prices grew 4% in February.
Florida uses RealtyTrac to learn more about local foreclosure trends at RealtyTrac. Includes local state and local foreclosure market information and statistics.
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Florida foreclosure activity in the first half of 2015 decreased 22 percent. still posted the nation’s highest foreclosure rate: 1.06 percent of housing units (one. For example, you can go here to review the February 2016 Foreclosure Auction Schedule as published by the miami dade county clerk of Courts.
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After a strong February, resale home sales plunged 4.8% while prices actually rose again 3.8% to a median of 259,400. Experts had called for a 5.3% increase in sales. The drop in home sales was despite lower mortgage rates, wage gains and slower home price rises. 30 year mortgage rates fell .1% to 4.27%.
Nevada’s 3,124 foreclosure filings during February, a rise of 77 percent from a year earlier, gave it a rate of one filing for every 278 households – more than three times the national average.
An Overview of Foreclosures February 4, 2015.. zBy the fall of 2008, zFive Counties with the highest foreclosure rates in 2012 have significantly improved. zThe State has moved from 47 counties with double-digit foreclosure rates to none.
Law Offices of Daryl L. Jones, P.A. The foreclosure rate in the Miami-Miami Beach-Kendall area had fallen to 8.72 percent in December. While this is down significantly from the 14.38 percent rate we saw one year earlier, it is still much too high. The national foreclosure rate is at 2.09 percent.