Thursday, October 15, 2009

Foreclosure rates drop in Hillsborough, Sarasota, Manatee

For the third quarter, Hillsborough’s foreclosure rates is down nearly 20 percent compared to the year before, and down 9 percent from the quarter before. Sarasota also was down for the quarter, dropping 9.1 percent from the year before and 6.5 percent from the quarter before while Manatee County was down 3.4 percent from the previous year, but up 9 percent from the previous quarter. No other county in the region had similar numbers, although Pasco County was up only 3.3 percent year-over-year, but down 10.5 percent from the previous quarter. Pinellas County was up 14 percent from last year, but flat from the previous quarter while Hernando was up 6.4 percent from a year ago but down 6 percent from the previous quarter. Across Florida, foreclosures were up 23.3 percent from a year ago but were mostly flat from the previous quarter.

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