Miami foreclosure rate fell in February

Nevada’s 3,124 foreclosure filings during February, a rise of 77 percent from a year earlier, gave it a rate of one filing for every 278 households – more than three times the national average.

Detroit’s foreclosure rate fell dramatically in February, dropping 17 percent from the month before. The foreclosure rate also continues to show improvement from the prior year, with a 25 percent drop in foreclosures since last February, according to data from the foreclosure marketplace and tracking company RealtyTrac.

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The share of home mortgage loan payments that are 30 days or more past due fell from 5.1% in January 2017 to 4.9% in January 2018. The foreclosure inventory. the highest 30-plus delinquency rates.

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Topping the list is New Jersey with a foreclosure rate of 1 in every 1,006. Texas (up 73%); Washington, D.C. (up 11%); and Miami, Florida (up 74%). Banks repossessed 11,392 US properties in February 2019, down 7% from.

Cities with the most homes in foreclosure. by. of these regions with the highest foreclosure rates, the number of new foreclosures fell by 44 percent in Phoenix and by 66 percent in Las Vegas.

The foreclosure inventory rate fell from 0.5% to 0.4% year over year, its lowest for the month in at least 20 years.. New York and Miami have the highest rate of mortgages at least 30 days past.

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