• Call/Text: (813) 784-7744
    • Send Me an Email

The Tampa Real Estate InsiderThe Tampa Real Estate Insider

South Tampa Realtor

  • Menu
  • Home
  • Meet Rae
  • Search
    • Advanced Search
    • Map Search
    • Listing ID Search
    • Address Search
    • Browse by City
    • My Account
  • Buyers
    • Buying With Me
    • Featured Properties
    • Mortgage Calculator
    • My Listing Manager
  • Sellers
    • Selling With Me
    • Sold Portfolio
    • FREE Home Valuation
  • Communities
    • Channelside District
    • Downtown Tampa
    • South Tampa
    • Seminole Heights | Tampa Heights
    • Gulf Beach Area | St. Petersburg | Clearwater
    • Westshore Marina District
    • Downtown St. Pete
    • Cheval Golf Community
  • TREI Blog
  • Get in Touch
  • Rave Reviews

Foreclosure Rates show 50% increase Tampa,Fl

Foreclosure activity continues to rise in Tampa Bay

Tampa Bay Business Journal

There is little good news in a new foreclosure report from First American CoreLogic that shows more increases year-over-year in families losing homes. But the Tampa Bay region is doing better than Florida as a whole.

Foreclosure rates in August 2009 were 8.58 percent in the Tampa-St. Petersburg-Clearwater market, according to the CoreLogic report. That is nearly a 4 percent change from its rate a year ago where 4.65 percent of homes were in foreclosure.

Florida overall had a foreclosure rate of just under 10 percent in August, however, a 4.72 percent change from 2008 when it had just a 5.24 percent rate.

With foreclosures, the 90-day delinquency rate remains higher for the region, growing from 7.44 percent in August 2008 to just under 14 percent this past August. The state had a similar increase, expanding from 8.51 percent to 16.47 percent.

Both local and state numbers remain well ahead of national averages. The United States is reporting a 2.86 percent foreclosure rate in August, up from 1.65 percent the year before, while 90-day delinquencies are up from 4.18 percent to 7.1 percent.

CoreLogic’s foreclosure rates measure the percentage of loans in some stage of foreclosure, including delinquencies of 90 days or more through properties sold at auction. It does not represent the number of new foreclosure filings but rather the current inventory of loans in the foreclosure process, which it says offers a comprehensive view of foreclosure trends.

First American CoreLogic is a member of The First American Corp. (NYSE: FAF) company group and is a provider of real estate, property and ownership data as well as advanced analytics for information on foreclosures, delinquencies, median home prices, home prices indexes, home valuations, sales activity and mortgage loan originations.

Search all homes for sale in Tampa Bay

Posted in: Foreclosure Statistics Tampa, Foreclosures and Bank Owned, Tampa Housing Market Tagged: Foreclosure Statistics Tampa FL, Foreclosures and Bank Owned, tampa bay foreclosures, Tampa Housing Market

Post navigation

« Florida Real Estate: 15 Market Positives Creates Demand for Investors
Residential Development Studies and Reviews-Downtown Tampa, Fl »

Search Our Blog

Search for:

Browse by Category

Browse by Topic

Best Neighborhoods in Tampa Best Places to buy a home buyers market tips Buying a Home buying real estate in tampa Channelside Condos For Sale Choosing the Right Realtor Condo Market News Condo Market Update Tampa current housing market in tampa florida Downtown Tampa Condos and Lofts Downtown Tampa Updates Financing and Mortgage News First Time Home Buyers First Time Home Buyer Tax Credit First Time Home Buying Advice Foreclosure Statistics Tampa FL Historical Neighborhoods-Tampa homestead tax exemption How to sell as short sale investing in condos Investing In Real Estate Luxury Home Communities new construction tampa property tax update Real Estate Investing Tampa real estate market tampa real estate news Relocating to Tampa sales statistics Selling Your Home Short Sale Process Tampa Short Sale Realtors Tampa South Tampa Real Estate Tampa Housing Market Tampa Real Estate Tampa Real Estate Market Tampa Real Estate News Tampa Realtors Tampa Relocation Guide Things to Do in Tampa Tips for Listing your home Tips for Sellers Top tampa realtors When is a good time to buy?

Explore Communities

  • Channelside District
  • Downtown Tampa
  • South Tampa
  • Seminole Heights | Tampa Heights
  • Gulf Beach Area | St. Petersburg | Clearwater
  • Westshore Marina District
  • Downtown St. Pete
  • Cheval Golf Community

Recent Posts

  • Why Use a Buyer’s Real Estate Agent Instead of a Listing Agent? Tampa, Fl
    Why Use a Buyer’s Real Estate Agent Instead of a Listing Agent? Tampa, Fl
    6 hours ago
  • Tampa Florida Extended Weather Forecast
    Tampa Florida Extended Weather Forecast
    1 day ago
  • Local Cultural and Social Events in Tampa
    Local Cultural and Social Events in Tampa
    1 day ago
  • Top 10 Downtown Tampa Condominiums for Sale
    Top 10 Downtown Tampa Condominiums for Sale
    1 day ago

Rae Anna Conforti

  • Call or Text Me

    (813) 784-7744

  • Send Me an Email

    Ready to Help

  • 1001 S. MacDill Ave

    Tampa, FL 33629

© 2021 Tampa Real Estate Insider | All Rights Reserved

Agent Reputation – Real Estate Website Design

Privacy Policy | DMCA | Sitemap