Make us your home page
Instagram

Tampa Bay's foreclosure rates plunges again

As of June, just 1.5 percent of Tampa Bay homes with mortgages were in some stage of foreclosure. 
[Getty Images file photo]

As of June, just 1.5 percent of Tampa Bay homes with mortgages were in some stage of foreclosure. [Getty Images file photo]

As of June, just 1.5 percent of Tampa Bay homes with mortgages were in some stage of foreclosure. That compares to 2.1 percent a year earlier, CoreLogic reports, and is a dramatic plunge from 2012, when 12.2 percent — or one out of every eight homes — faced foreclosure.

The percentage of bay area homeowners who were at least 30 days late on their payments has also dropped, to 5.2 percent in June compared to 7 percent a year earlier.

Tampa Bay's foreclosure rates plunges again 09/12/17 [Last modified: Tuesday, September 12, 2017 11:47am]
Photo reprints | Article reprints

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Across country, small retailers aim for emotional ties big chains may lack

    Business

    Some smaller retailers will tug at shoppers' heartstrings during the holidays, trying to create an emotional experience or connection that a big national chain might not provide.

    Some smaller retailers will tug at shoppers’ heartstrings during the holidays, trying to create an emotional experience or connection that a big national chain might not provide. Keep St. Pete Local is an independent business alliance in St. Petersburg that has more than 600 members.
  2. Six years and counting: Allegiant Air reaches agreement with flight attendants

    Airlines

    ST. PETERSBURG — After six years of negotiations, Las Vegas-based Allegiant Air and its flight attendants union reached a tentative contract to improve worker pay and benefits and solidify airline policies.

    Allegiant Air flight attendants picketed for a fair contract in August at various Florida airports.
  3. Fourth Street's mom and pop motels a dying breed

    Tourism

    ST. PETERSBURG — Billboards as far north as Tennessee beckoned tourists by the thousands to St. Petersburg's Fourth Street calling it "the longest motel street in the world" in the 1940s and '50s. There were 95 motels between the Gandy Bridge and Central Avenue in 1955, according to an article that year in the …

    Looking south down Fourth Street from 38th Avenue N, the street is jam-packed with motels — and El Cap.
  4. More guns being detected at Tampa Bay area airports — and everywhere else

    Airlines

    TAMPA — Here's some travel math for this traditionally heavy day for long trips: More people carrying guns plus more people flying equals more guns going to the airport.

    This is one of four guns security personnel discovered at Tampa International Airport checkpoints on April 25, 2017. Photo courtesy Transportation Security Administration
  5. Florida Supreme Court suspends two Hillsborough lawyers

    Business

    Times Staff Writer

    Two Hillsborough County lawyers have been suspended from practice because of professional misconduct.