Miami foreclosure rate fell in February

Queens Foreclosure Cases Drop 9% Year-Over-Year. Queens had the largest number of first-time foreclosure cases among the 5 boroughs in the second quarter of 2019, with a total of 324 properties hitting the auction block. Even though Queens had the most foreclosures, the borough saw a 9% decrease in cases compared to the same time period last year.

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Condo sales fell 12.9 percent year-over-year, and foreclosure and. Average interest rates on mortgages nearly reached 5 percent late in 2018, although rates on average dipped back to 4.34 percent.

Georgia remained among the states hardest hit by the nation’s foreclosure crisis with the fourth-highest rate. February, RealtyTrac reported Thursday. That’s one in every 331 homes, compared with.

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That’s because homeownership in Miami-Dade has plummeted since the recession and foreclosure crisis. of that family divided by all families. Meanwhile, the rate statewide in Florida fell from 73.

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Detroit’s foreclosure rate fell dramatically in February, dropping 17 percent from the month before. The foreclosure rate also continues to show improvement from the prior year, with a 25 percent drop in foreclosures since last February, according to data from the foreclosure marketplace and tracking company RealtyTrac.

Miami-Dade County’s foreclose rate continues to drop as the housing market heals. The percentage of local homes in foreclosure fell to 3.85 percent in April 2015, down from 4.05 percent in March.

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According to the ""Zillow"": Home Value Forecast, prices are projected to fall. The rate of homes foreclosed dropped to 2009 levels, with 7.4 out of every 10,000 homes.

Florida posted the nation’s highest foreclosure rate in February for the sixth consecutive month, according to RealtyTrac Inc. One in every 282 homes in the Sunshine State was in some stage of.