Certified Forensic Loan Auditors, LLC

 
  Upcoming Classes

Search CFLA's Article Archive:

Miami Tops US in Foreclosures

miamitodaynews.com | July 31, 2014

By Scott Blake

Despite a year-to-year decrease in foreclosure filings, Miami still has the nation’s highest metro foreclosure rate: 1.65% of all housing units (one in 61) with a foreclosure filing during the first half of the year, newly released statistics show.

Florida accounted for the nine highest foreclosure filing rates among US metro areas from January through June, according to RealtyTrac’s Midyear 2014 US Foreclosure Market Report.

In addition to Miami, they were: Orlando as No. 2, Port St. Lucie No. 3, Palm Bay-Melbourne-Titusville No. 4, Tampa Bay-St. Petersburg No. 5, Lakeland No. 6, Deltona-Daytona Beach-Ormond Beach No. 7, Ocala No. 8 and Jacksonville No. 9.

Nationwide, foreclosure filings (default notices, scheduled auctions and bank repossessions) dropped 19% in the first six month of 2014 from the same period last year, according to the report.

Major metro areas that had a drop in number of foreclosure filings in the first half of 2014 compared with a year ago included Miami (down 30%), Chicago (down 30%), Houston (down 29%), Dallas (down 28%) and Los Angeles (down 20%).

Metro areas that bucked the trend and saw more filings included New York City (up 20%), Washington (up 12%), Philadelphia (up 6%) and Baltimore (up 3%).

“Nationwide foreclosure activity in June reached an important milestone, dropping to levels not seen since before the housing price bubble burst in August 2006,” RealtyTrac Vice President Daren Blomquist said in a statement.

“Over the next six to nine months,” he said, “nationwide foreclosure numbers should start to flat line at consistently historically normal levels.”

Throughout Florida, 121,412 properties had a foreclosure filing in the first six months of the year, the most of any state but down 16% from the previous six months and down 22% from the same period last year.

Although the number of filings dropped, Florida’s foreclosure rate was the nation’s highest in the first half of the year: 1.35% of housing units with a foreclosure filing (one in 74) – nearly three times the national average.

“There continue to be concerning trends in some states and local markets that clearly indicate those markets are not completely out of the woods when it comes to the lingering foreclosure problem left over from the housing bust,” Mr. Blomquist said.

“While it’s important that any remaining foreclosure infection is addressed promptly to keep it from festering,” he added, “foreclosures are no longer a widespread contagion threatening to derail the housing market’s return to full health.”

 

Back to July 2014 Archive

CFLA was founded by the Nation's Leading Foreclosure Defense Attorneys back in 2007 to serve the Foreclosure Defense Industry and fight pervasive Bank Fraud. Since opening our virtual doors, CFLA has rapidly expanded to become the premier online legal destination for small businesses and consumers. But as the company continues to grow, we're careful to hold true to our original vision. For us, putting the law within reach of millions of people is more than just a novel idea—it's the founding principle, just ask Andrew P. Lehman, J.D.. With convenient locations in Houston and Los Angeles, you can contact Our National Account Specialist and General Manager / Member Damion W. Emholtz at 888-758-2352 for a free Mortgage Fraud Analysis or to obtain samples of work product, including cutting edge Bloomberg Securitization Audits, Litigation Support, Quiet Title Packages, and for more information about our Nationally Accredited and U.S. Department of Education Approved "Mortgage Securitization Analyst Training Certification" Classes (3 days) 24 hours for approved CLE & MCLE Credit (Now Available Online).

SEE BELOW- http://www.certifiedforensicloanauditors.com

Call us toll free at 888-758-2352

Bookmark and Share
spacer
Facebook Like us on Facebook
Twitter Follow us on Twitter
YouTube View our YouTube Videos
LinkedIn Connect to us on Linkedin
 
BBB Logo

 

spacer
Contact us or view our Sample Documents & Audits by completing the form below.

  • Reload
  • Should be Empty:


 

DVD Sets Only $99

 

FREE Mortgage Fraud Analysis

 

Order Cutting-Edge Services Now

 

Quiet Title Packages from Licensed Attorneys

 

Affiliate Services

 

CFLA Sponsored Attorney Links

 

Take-Home Education Package

 

ALB Law Firm

 

Advocate Legal

 

The True News Network

 

Sutton Law Firm, P.L.L.C.

 

Rubenstein Business Law

 

Atighechi Law Group

 

Scunziano & Associates

 

Get Certified to Perform Mortgage Securitization Audits

 

CFLA Training Academy

 

Expert Witness Services

 

Cutting Edge Expert Securitization Reports

 

CFLA Credit Cards

 

Breaking News

 

Letters to the Editor

 

CFLA Weekly Newsletters

 

Code of Ethics

 

Testimonials

 

Instructional Videos

 

Job Opportunities

 

License Opportunities

 

MARS Rule

 

Product Samples

 

Resource Links

 

Servicer Information

 

Foreclosure Laws

 

REST Report

 

Quiet Title Packages from Licensed Attorneys

 

Advertise on CFLA

 

Advertising Space: Mortgage Securitization, Quiet Title

 

Certified Forensic Loan Auditors, LLC
13101 West Washington Blvd.
Suite 444
Los Angeles, CA 90066

Phone: 832-932-3951
Toll Free: 888-758-CFLA (2352)
Mobile Users: CLICK TO CALL
info@certifiedforensicloanauditors.com

   
 
CFLA IS NOT A LAW FIRM AND DOES NOT PROVIDE ANY LEGAL ADVICE. CFLA DOES NOT OFFER FORECLOSURE CONSULTING OR FORECLOSURE RELIEF
SERVICES. CFLA DOES NOT OFFER OR ASSIST WITH ANY LOAN MODIFICATION SERVICE. CFLA ALWAYS RECOMMENDS THAT CLIENTS RETAIN COMPETENT COUNSEL IN THEIR RESPECTIVE JURISDICTION. CFLA HAS A FREE PROGRAM TO REFER CFLA CLIENTS TO LAW FIRMS IN NEARLY EVERY STATE AND CFLA
DOES NOT CHARGE OR OBTAIN REFERRALS FEES FOR THESE SERVICES. SERVICES NOT OFFERED TO RESIDENTS OF THE STATE OF NEVADA.

 
Home About Us Privacy Policy Terms of Service Disclaimer SERVICES Careers Contact Us
 
COPYRIGHT © 2007-2016 Certified Forensic Loan Auditors ™ All rights reserved