Foreclosure rates in Central Florida declined in July for the 18th consecutive month since January 2014, marking another positive sign for the region’s housing market.
New data from CoreLogic shows the rate of Orlando-Kissimmee-Sanford area foreclosures among outstanding mortgage loans was 2.44 percent in July — down 2.14 percentage points compared to this time last year when the rate was 4.58 percent.
Despite the decline, the region’s foreclosure activity was still higher than the national… …read more
From:: biz journal foreclosures