Foreclosure filings make dramatic improvement in South Florida

By Brian Bandell

The South Florida housing market has cleaned up most of its distressed properties from the recession, as foreclosure filings declined dramatically in the first half of 2016, according to RealtyTrac.

The company found 18,583 foreclosure filings in the tri-county area during that period, a 34.6 percent drop from the same period a year ago. RealtyTrac’s count includes new lawsuits, auction notices and repossessions.

“With strong employment, low interest rates and with lenders continuing to carefully… …read more

From:: biz journal foreclosures

Leave a Reply