The Tampa Bay area posted the highest foreclosure rate among the nation’s 20 largest metro areas in August, although local foreclosure activity continues to decline.

According to RealtyTrac, one in every 527 bay area homes was in some stage of foreclosure — more than twice the national average.

Source: www.nationalmortgagenews.com

The Tampa Bay area posted the highest foreclosure rate among the nation’s 20 largest metro areas in August, although local foreclosure activity continues to decline.

According to RealtyTrac, one in every 527 bay area homes was in some stage of foreclosure — more than twice the national average.

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