Tampa FL Foreclosure Trends - April 2012
There were 7,212 Tampa FL foreclosure homes in April 2012, according to RealtyTrac.com. 1 in every 287 housing units received a foreclosure filing. The average sales price of a Tampa FL home was $137,133. The average sales price of a foreclosure home was $84,120, a $53,012 savings.
Tampa FL Foreclosure Activity and 30 Year Interest Rate
The interest rate on a 30 year mortgage was 3.91% in April. The number of foreclosures rose from 996 in March to 1,113 in April.

Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year fixed rate from Freddie Mac Primary Mortgage Market Survey.
Tampa FL Foreclosure Geographical Comparison
Tampa FL foreclosures were 0.21% above national statistics, 0.08% above Florida figures and 0.01% below Hillsborough numbers in April.

Tampa FL Foreclosure Activity by Month
Tampa FL 6 month foreclosure trend is rising. The number of Bank-owned properties increased from 216 in March to 352 in April, while the number of Auctions rose from 221 to 329. Pre-foreclosure activity dropped from 559 to 452.

Are you or someone you know behind on mortgage payments and facing a Tampa FL foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a short sale and foreclosure specialist. Give me a call for a private consultation.
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