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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.
 
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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

  1. Jessie Sinclair

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