The huge decline in completed foreclosures is a positive signal that the housing market is on a positive path of recovery and stabilization. These five states accounted for approximately half (48.1 percent) of all foreclosures completed over a one year period ending in July 2012. Those states were California (118,000), Florida (92,000), Michigan (61,000), Texas (57,000), and Georgia (54,000). No surprise here but these two Florida metro areas had the highest percentage of homes in foreclosure: Tampa-St. Petersburg-Clearwater (11.5 percent) and Orlando-Kissimmee-Sanford (11.3 percent).
Paul Antonelli
That Short Sale Guy
LaRosa Realty
www.PaulAntonelli.com
That Short Sale Guy
LaRosa Realty
www.PaulAntonelli.com
No comments:
Post a Comment