Tampa Foreclosures–Ugly September

October 7th, 2008 categories: Real Estate Market Reports, Short Sale Information

The rate at which new foreclosure notices were being issued in Hillsborough County had recently been fairly stable. But not in September. In fact, Hillsborough County saw more new foreclosure notices filed in September than in any other month this year, and up almost 4% over August. The chart below tells the tale.

Maybe just a hiccup? Maybe some seasonality mixed in (trick or treat)? Time will tell. Tampa home prices have begun to show some stability, and Tampa home sales in August of 2008 pretty much matched August of 2007. So there have been signs of stability.

Lis Pendens data obtained from Hillsborough County Clerk of the Circuit Court

This entry was posted on Tuesday, October 7th, 2008 at 3:19 pm and is filed under Real Estate Market Reports, Short Sale Information. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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