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Tampa Bay's foreclosure rates plunges again

As of June, just 1.5 percent of Tampa Bay homes with mortgages were in some stage of foreclosure. 
[Getty Images file photo]

As of June, just 1.5 percent of Tampa Bay homes with mortgages were in some stage of foreclosure. [Getty Images file photo]

As of June, just 1.5 percent of Tampa Bay homes with mortgages were in some stage of foreclosure. That compares to 2.1 percent a year earlier, CoreLogic reports, and is a dramatic plunge from 2012, when 12.2 percent — or one out of every eight homes — faced foreclosure.

The percentage of bay area homeowners who were at least 30 days late on their payments has also dropped, to 5.2 percent in June compared to 7 percent a year earlier.

Tampa Bay's foreclosure rates plunges again 09/12/17 [Last modified: Tuesday, September 12, 2017 11:47am]
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