TBO.com: Tampa Bay Online, The Tampa Tribune and The Tampa Times - breaking news and weather.
Monday, Sep 01, 2014
Business News

Bay area foreclosure filings fall 18.5%

By
Published:

New foreclosure filings were down 18.5 percent in the Tampa Bay metropolitan region in the first six months of the year when compared with the first half of 2013.

Florida remains the nation’s highest in the number of foreclosures in the first half of the year, but the numbers are down 22 percent from a year ago, according to a new report on U.S. foreclosure activity released today by RealtyTrac, a leading national source in real estate data.

Statewide, 1 in 74 houses is in some stage of foreclosure. Here in the Tampa Bay area, 1 in 71 homes is in foreclosure, according to the report on foreclosure activity for the first half of 2014. In this area, Pinellas County is faring best, with 1 in 92 houses at some level of foreclosure. Hillsborough County ranks second best with 1 in 70 houses in foreclosure.

For June alone, 1 in every 409 houses in the Tampa Bay area was in foreclosure, a 13.1 percent decrease from June 2013.

Rates of foreclosure for the first six months are higher in Pasco County — 1 in 52 houses — and in Hernando County — 1 in 57 houses, according to the RealtyTrac report.

Subscribe to The Tampa Tribune

Comments