{"id":679,"date":"2018-10-14T18:28:47","date_gmt":"2018-10-14T22:28:47","guid":{"rendered":"http:\/\/www.bridgettbyzewski.com\/real-estate-blog\/?p=679"},"modified":"2018-10-14T18:28:47","modified_gmt":"2018-10-14T22:28:47","slug":"local-mortgage-payments-are-looking-good","status":"publish","type":"post","link":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/2018\/10\/14\/local-mortgage-payments-are-looking-good\/","title":{"rendered":"Local Mortgage Payments Are Looking Good"},"content":{"rendered":"<p>The latest mortgage statistics show an improving market in Sarasota and Manatee counties as the numbers are better now than at any point since Hurricane Irma. Both short-term delinquency rates (30 days late) and foreclosures are down when compared to the same period last year. However, serious delinquencies (90 days + late) continue to be somewhat higher than they were last year.<\/p>\n<p><!--more--><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-680\" src=\"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2018\/10\/1014house-1024x786.jpg\" alt=\"sketch of a house for sale in Florida\" width=\"525\" height=\"403\" srcset=\"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2018\/10\/1014house-1024x786.jpg 1024w, https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2018\/10\/1014house-300x230.jpg 300w, https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2018\/10\/1014house-768x589.jpg 768w, https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2018\/10\/1014house.jpg 1289w\" sizes=\"auto, (max-width: 525px) 100vw, 525px\" \/><\/p>\n<p>The most recent data shows that there are 6% less people 30 days late on their mortgages than there were last year at the same time. The total is only 3.3% (versus 3.7% last month).<\/p>\n<p>Longer-term mortgage delinquencies are up, but by a lower percentage than they have been in the recent past. We define long-term delinquencies as people who are 90 days or more, late on their mortgage payments. The latest data shows that long-term delinquencies are up 12% when compared to last year at this time. The total is relatively low at 1.9% (versus 2.2% last month).<\/p>\n<p>Foreclosures are down 22% when comparing this year to last. When you put it all together, the mortgage statistics indicate a healthy real estate market. The video below shows the relevant statistics for our area.<\/p>\n<p><iframe loading=\"lazy\" title=\"Loan Delinquency - Oct 2018\" src=\"https:\/\/player.vimeo.com\/video\/295069586?dnt=1&amp;app_id=122963\" width=\"580\" height=\"326\" frameborder=\"0\" allow=\"autoplay; fullscreen; picture-in-picture; clipboard-write\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest mortgage statistics show an improving market in Sarasota and Manatee counties as the numbers are better now than at any point since Hurricane Irma. Both short-term delinquency rates (30 days late) and foreclosures are down when compared to the same period last year. However, serious delinquencies (90 days + late) continue to be [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,1],"tags":[16,14,15,20,19,17],"class_list":["post-679","post","type-post","status-publish","format-standard","hentry","category-mortgages","category-real-estate","tag-manatee-county","tag-mortgage","tag-real-estate","tag-real-estate-agent","tag-realtor","tag-sarasota-county"],"_links":{"self":[{"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/comments?post=679"}],"version-history":[{"count":1,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/679\/revisions"}],"predecessor-version":[{"id":681,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/679\/revisions\/681"}],"wp:attachment":[{"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/media?parent=679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/categories?post=679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/tags?post=679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}