Hillsborough County foreclosures up 10 percent year over year
Several regulars to this blog are engaged in a multi-month micturating match about whether foreclosures in the Tampa Bay area have risen, fallen or flattened this year.
Here are the facts in Hillsborough County: In the first 9 months of this year, foreclosures are up 10 percent. The tally is 15,241 foreclosures cases from Jan. to Sept.2008 versus 16,751 cases from Jan. to Sept. 2009.
The good news is that in September alone, foreclosures dipped for only the second time this year compared to a year earlier. I don't know if that's the start of a happy trend or a one month anomaly.
Here's a chart showing Hillsborough foreclosures for the past 4 years: Download Foreclosurestats. Note that the number of cases has quadrupled since 2006 and quintupled since 2005.
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Housing market news is the focus of the (Un)Real Estate blog. It offers an inside look at the Florida housing market and real estate news, with a focus on Tampa Bay. Its goal? Simple: To help you keep a roof over your head without losing your shirt.
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