Foreclosure Rates in Gainesville FL
I’ve had several calls from investor buyers recently asking about the rate of foreclosures in the Gainesville Area. Recently, there has been a report from CoreLogic that provides data for this display. This shows the Foreclosure Rates in Gainesville FL
This table shows the percentage of Foreclosures in the Gainesville, FL area in comparison to Florida statewide and entire US. The time-span for comparison is from January 1st through September 30th of each year.
You will see that the Gainesville area’s foreclosure rate is well BELOW the statewide rate of Florida, yet higher than the National rate.
This next chart shows the rate for Mortgage Delinquency Rates (Delinquent for at least 90 Days). This also shows a positive outlook on the mortgage delinquency rate for the Gainesville area. Gainesville’s rate is lower than Florida’s statewide rate, yet higher than the National rate.