Tampa Bay’s foreclosure rate remains slightly higher than the national rate, but is still less than one percent. As of July, the percentage of homes in some stage of foreclosure was 0.4 percent nationally, the lowest for any month since at least January 1999, according to the real estate data firm CoreLogic. In the Tampa Bay area, 0.8 percent of homeowners had been served with foreclosure notices.
The percentage of bay area homeowners who were "seriously delinquent'' — at least 90 days late — on their mortgage payments in July dipped to 1.7 percent from 2.9 percent. And the percentage who were late by more than 30 days dropped to 4.1 percent from 5 percent.