Florida Foreclosure Rate March 2023

Florida Foreclosure Rate March 2023
Florida Foreclosure Rate March 2023

Breaking Florida Foreclosure News

954 Foreclosure Attorneys have some news about Florida’s foreclosure rate. It’s actually pretty low right now compared to previous years, but there have been some concerning signs lately.

According to a report by ATTOM Data Solutions, there was an increase in foreclosure filings in Florida in January 2023. Over 3,500 properties received a foreclosure filing, which is a 29% increase from the previous month and a 77% increase from January 2022. Yikes!

Experts think this increase might be because of the end of pandemic-related foreclosure moratoriums. During the pandemic, homeowners were protected from foreclosure, but now that the moratoriums are ending, some homeowners might be struggling to make their mortgage payments. Rising interest rates and home prices could also be factors.

Despite these concerns, the Florida housing market is still doing pretty well overall. Home prices are going up, and there are still plenty of buyers looking for homes. But if you’re a homeowner in Florida and you’re worried about foreclosure, it’s important to stay aware of your options and seek help if you need it.

Remember, there are people out there who can help you navigate this tough situation, like the qualified foreclosure defense lawyers at 954 Foreclosure Attorneys. With the right guidance, you can protect your home and your finances, and come out of this situation stronger. Are you in or about to be in foreclosure? Call us today @ 954.237.7740 to explore your options by speaking with a skilled Florida foreclosure defense lawyer.

A Detroit, Michigan native, Mr. Shipp graduated from Florida State University in 2003. After Law School, Ryan moved to South Florida. Ryan has become a Member of the Florida Bar in 2008 and has protected the Rights of Homeowners in Foreclosure since 2014.

Related Posts

Florida Foreclosure Basics

Florida Foreclosure Basics

Florida Foreclosure Basics  If you’re having trouble paying your mortgage, there are a few options available to you. Let’s break down the Florida Foreclosure Basics in everyday language:…

Foreclosure Defense Florida

Foreclosure And The Florida Legal System | 954.237.7740

Foreclosure can be a daunting and overwhelming process, and it can be especially complex in Florida due to the state’s unique legal system. In this legal blog, we’ll…

954 Foreclosure Attorneys, PLLC

What Is A Florida Foreclosure Defense Lawyer?

What Is A Foreclosure Defense Lawyer? Foreclosure defense lawyers, such as 954 Foreclosure Attorneys, are lawyers that focus their practice in defending homeowners who are facing foreclosure.  They…

How to Keep Your Home When You Are In Foreclosure

For most Americans, owning their own home will be their biggest achievement.  On the other hand, losing it to the Bank can be their greatest disappointment.  Once a…

How Association Foreclosures can be more detrimental than Bank Foreclosures

Like the Bank, Associations can foreclose on a property.  This is due to a Homeowner not paying their maintenance or assessments.  While they are not as common, they…

How has the Coronavirus Effected Broward County Foreclosures?

The last year and a half has been difficult for many Homeowners in Broward County.  As a result of the severe negative economic effects of the Coronavirus, many…

Call Now Button