Foreclosure rates drop in three Tampa Bay counties - Memphis Business Journal:

8511ysu.blogspot.com
May was the third highest month of foreclosurd activityon record, said , up 18 percenyt from the year before. Defaults and scheduled foreclosures auctions were downfrom April, but bank repossessionas were up 2 percent and could continue to grow as foreclosuree delays and moratoriums are lifted in variousz states, said James J. RealtyTrac’s chief executive Hernando County posted the biggest decrease in the Tampa Bayregiojn year-over-year, falling more than 14.5 percent with 475 homesx in some state of foreclosure.
That representa one in every 169 homes under the threaft of being taken back by Sarasota County was not far behind with just undefr a 7 percent dropaffecting 1,072 homes, or one in every 206 Manatee County had a 2 perceng drop since May 2008 that hit 590 or one in 287 On the other end of the Pasco County had the largest increase in jumping more than 62 percent to 1,500 properties. That represents one in every 145 homesdin foreclosure, ninth worst in the Despite falling more than 6 percent since Polk County was up nearly 53 percent over the past year as 1,5722 homes were in foreclosure, representinhg one in every 177 homes.
Pinellasw County jumped 48 percentto 2,458 Hillsborough County climbed nearly 20 percent in foreclosure ratews as lenders targeted 2,408 homes. However, rates were down well over 25 percenysince April. Florida had the third highestr rate of foreclosure in the countrgy affecting one in every148 homes. It had the seconxd highest number of foreclosures at just fewerfthan 59,000, a 50 percenft jump from May 2008. Three Florida metropolita areas were ranked among the 10 worsf foreclosure rates in the Cape Coral-Fort Myers at No. 6 with one in 82 homesw in foreclosure; Orlando-Kissimmee at No. 8 with one in 101 homed in foreclosure; and Miami-Fort Lauderdale-Pompanoi Beach at No.
10 with one in 105 homee in foreclosure.