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Mortgage delinquencies spike in Manatee-Sarasota. Blame Hurricane Irma

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There was a 1.3% uptick in mortgage application defects in September from the previous month, with states affected by Hurricane Florence showing preliminary spikes in activity following the storm, according to First American.

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Mortgage Delinquencies Begin to Recover from Hurricane Season. On the serious delinquency front, for mortgages that are 90 days or more past due, only Alaska saw its serious delinquency rate increase year-over-year in October 2017, climbing to 1.1 percent in that month, as compared to 1.0 percent in October 2016.

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Florida Median Sales Prices Up for 86th Straight Month The rolling averages for existing home sales. price situation according to the NAR: The median existing-home price for all housing types in April was $267,300, up 3.6% from April 2018 ($257,900).

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