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Miami Foreclosure Rate Falls

November 21st, 2012 Written By Carol Pawley


The foreclosure rate among outstanding mortgage loans in the Miami-Miami Beach-Kendall metro area fell by 2.42% points to 15.86% in September compared to the same month in 2011, according to data from CoreLogic. Miami-Miami Beach-Kendall metro area foreclosure activity is significantly higher than the national rate of 3.25%. A decrease in Mortgage delinquency was also reported, 22.44% of mortgage loans in the area 90 days or more delinquent, compared to 25.31% for the same period last year, a 2.87% point reduction.

 

I keep up to date on the market.  I make sure my clients are well informed so they make the best decisions when buying or selling their home. Please send me an email at carolapawley@gmail.com or call me at 305-992-6188 if you are interested in buying or selling a home in Coconut Grove.
 
Click Here to Get Miami Real Estate and Beyond by Carol Pawley delivered by email

Great to have you on my site! Seeking to sell or buy property in Coconut Grove, Coral Gables, or anywhere in Miami? I can assist you. Real estate is my area of expertise and Miami-Dade the place I grew up. I know the communities, the schools, the culture, and the business of real estate. I’ve consistently ranked in the top 1% of my field, locally and nationally. I’d love to have the opportunity to introduce myself and discuss your real estate needs. Let’s connect: PH 305-992-6188,EMAIL: carolapawley@gmail.com

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