Among 212 metropolitan areas that are tracked, the Tampa region has the 13th highest rate of foreclosures. According to Realty Trac, 12,796 homes in the Tampa area received some form of foreclosure activity in the 3rd quarter of 2012. This amounts to 1 our of every 106 homes as compared to Stockton Ca where the ratio was 1 out of every 67...the nation's worst foreclosure rate.
Banks have been holding foreclosure inventories off the market, but a some point they could be brought to market and may have a dampening effect on housing prices. Currently, there is about a
4 month supply of homes on the market in Tampa which is considered a healthy level.
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