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Tampa FL Foreclosure Rates Still Rank High Nationally

According to a report issued by the real estate data provider RealtyTrac, Tampa Bay’s November foreclosure rate in 2015 was the sixth highest among metropolitan areas across the nation – at a rate of about one in every 512 housing units.

The five metropolitan areas in the country to top Tampa on the list included Atlantic City, N.J., Trenton, N.J., Ocala, Fla., Reading, Penn., and Baltimore. In addition to Ocala, two other cities in Florida made the top 10 – Jacksonville and Daytona Beach.

The report also states that Florida’s foreclosure rate in November – one in every 662 housing units – was the third highest in the nation. What’s more, Florida’s overall foreclosure rate ranked in the top five in the nation every month in 2015.

Stephen K. Hachey, a Florida real estate attorney, can help your wade through this process and determine a positive solution. Contact him at 866-200-4646.

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