According to RealtyTrac's December 2016 report, 1 in every 936 homes in Florida is in the process of foreclosure; that is 5th in the United States. Lee County has the highest foreclosure rate in the state of Florida with 1 in every 336 homes.
Overall Numbers
December 2016 saw a 5% increase in foreclosure filings compared to November but 25% lower than December 2015. According to Bankrate, there were 9,051,851 housing units in foreclosure in Florida.
ATTOM Data Solutions (curator of the nation’s largest fused property database) released its Year-End 2016 U.S. Foreclosure Market Report on January 12, 2017:
The national foreclosure rate stayed within an historically normal range for the third consecutive year in 2016, even as banks continued to clear out legacy foreclosures from the last housing bubble, particularly in the final quarter of the year.
Northeast Florida Foreclosure Rates
- Nassau County: 1 in every 675
- Duval County: 1 in every 755
- St. Johns County: 1 in every 1,572
- Clay County: 1 in every 861
- Putnam County: 1 in every 2,841
- Flagler County: 1 in every 974
Duval County Breakdown
December 2016 foreclosure filings in Duval County Florida were about 40% higher than November but 16% lower compared to December 2015.
- Jacksonville: 1 in every 731
- Atlantic Beach: 1 in every 803
- Neptune Beach: 1 in every 1195
- Jacksonville Beach: 1 in every 979
More Local Information
If you live in Northeast Florida and would like more information about local foreclosure statistics or you yourself need legal assistance with a foreclosure filing, contact Alisa Wilkes, Jacksonville real estate attorney today at ((904) 620-9545.