{"id":826,"date":"2019-01-15T14:23:06","date_gmt":"2019-01-15T18:23:06","guid":{"rendered":"http:\/\/www.bridgettbyzewski.com\/real-estate-blog\/?p=826"},"modified":"2019-01-15T14:23:06","modified_gmt":"2019-01-15T18:23:06","slug":"mortgage-payment-rates-continue-to-predict-a-healthy-local-housing-market","status":"publish","type":"post","link":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/2019\/01\/15\/mortgage-payment-rates-continue-to-predict-a-healthy-local-housing-market\/","title":{"rendered":"Mortgage Payment Rates Continue to Predict a Healthy Local Housing Market"},"content":{"rendered":"<p>The latest mortgage statistics show an improving market in Sarasota and Manatee counties as the numbers continue to improve. Both short-term delinquency rates (30 days late) and serious delinquencies (90 days + late) are lower than they were last year at this time. From a mortgage perspective, Hurricane Irma had significantly more impact than this year\u2019s red tide.<br \/>\nThe most recent data shows that there are roughly 54% less people 30 days late on their mortgages than there were last year at the same time. The total is only 2.9% (versus 3.2% last month).<\/p>\n<p><!--more--><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-827\" src=\"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2019\/01\/FLhomejan15s-1024x683.jpg\" alt=\"Example Home for Sale\" width=\"525\" height=\"350\" srcset=\"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2019\/01\/FLhomejan15s-1024x683.jpg 1024w, https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2019\/01\/FLhomejan15s-300x200.jpg 300w, https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2019\/01\/FLhomejan15s-768x512.jpg 768w, https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2019\/01\/FLhomejan15s.jpg 1500w\" sizes=\"auto, (max-width: 525px) 100vw, 525px\" \/><\/p>\n<p>Longer-term mortgage delinquencies are down roughly 18% when compared to last year at this time. We define long-term delinquencies as people who are 90 days or more, late on their mortgage payments.<\/p>\n<p>Foreclosures are slightly higher this year when compared to last year (0.6% of mortgages vs. 0.5% last year). 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=\"Mortgage Delinquency Rates for Sarasota &amp; Manatee - Through Nov 2018\" src=\"https:\/\/player.vimeo.com\/video\/311508315?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 continue to improve. Both short-term delinquency rates (30 days late) and serious delinquencies (90 days + late) are lower than they were last year at this time. From a mortgage perspective, Hurricane Irma had significantly more impact than this [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27,26,1],"tags":[12,13,16,14,15,20,36,19,17],"class_list":["post-826","post","type-post","status-publish","format-standard","hentry","category-home-buying","category-home-selling","category-real-estate","tag-home-buying","tag-home-selling","tag-manatee-county","tag-mortgage","tag-real-estate","tag-real-estate-agent","tag-real-estate-investing","tag-realtor","tag-sarasota-county"],"_links":{"self":[{"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/826","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=826"}],"version-history":[{"count":1,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/826\/revisions"}],"predecessor-version":[{"id":828,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/826\/revisions\/828"}],"wp:attachment":[{"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/media?parent=826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/categories?post=826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/tags?post=826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}