Florida foreclosures up 35 percent in July

The company counted 1,396 foreclosure filings last month. While the year-over-year number was down, Palm Beach County foreclosures were up 32 percent from June, RealtyTrac says. Florida, meanwhile, remains the nationwide king of foreclosures, with 22,000 filings in July – twice as many as California.

On the heels of an increase in Florida home sales, a spike in new home sales and an upswing in consumer confidence, traffic to Realtor.com went up significantly in July with month-over-month increases in both traffic (29 percent) and time spent on site (26 percent) on Realtor.com, the official consumer Web site of the National Association of Realtors.

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Florida foreclosures up 35 percent in July. by Andrew Morrell September 5, 2018. South Florida, and the state as a whole, continues to log higher rates of foreclosure than the rest of the nation.

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One in every 328 Florida homes was in some stage of foreclosure, more than three times the national average. The state also led the U.S. in total filings with 27,266, up 7 percent from a year earlier.

Foreclosure filings in Illinois jumped nearly 60 percent from the same quarter last year. Nationally, the numbers are even worse. Nationwide foreclosure filings have more than doubled from the.

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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The report also shows that one in every 355 U.S. housing units received a foreclosure filing in July. Florida bank repossessions (reo) decreased 8 percent from the previous month, the state’s.

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up 7 percent from July while still down 15 percent from last year. But even as national foreclosure numbers stay low, some parts of the country are seeing rates that counter national trends. Delaware,