Area Foreclosures

 

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Foreclosure inventory by state

Florida, a judicial foreclosure state, had the highest number of completed foreclosures from July 2015 to July 2016, at almost 57,000 statewide.

Still, Florida foreclosure inventory saw the biggest annual dip of any state, down 38.9 percent to reach 1.7 percent of all mortgaged homes. Meanwhile, the serious delinquency rate reached 4.8 percent in July. This means that great foreclosure bargains are becoming MUCH harder to find. Hence, be sure to contact the foreclosure experts at GemstoneHomeSales.com to receive up-to-the-minute notifications on your property criteria.