Bradenton Florida Real Estate News

Monday, June 12, 2006

Manatee County Foreclosures Down

Manatee County seems to be bucking state and national trends that show home foreclosures are increasing.

Nationally, foreclosures in the first quarter of 2006 - January through March - have increased 38 percent from last year's fourth quarter, October through December. Florida foreclosures have increased 21 percent in the same time period, according to RealtyTrac Inc., a property tracking company.

In Manatee County, however, the change is reversed. From January through March, county residents filed for 14 percent fewer foreclosures than from October through December of last year.

The number of foreclosures in the last two months has remained steady, with 54 in April and 51 in May. Unless more than 66 owners file for foreclosures in June, this quarter will mirror the last.

Read more at
http://www.bradenton.com/mld/bradenton/business/14774444.htm

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