Census Data Shows Nearly 1 Million Florida Households With No or Slight Confidence in their Ability To Pay Next Month’s Mortgage
Recent data from the US Census Bureau’s Household Pulse Survey shows that there are more than 6.3 million households in the United States that are not current on their mortgage payments, and nearly 300,000 of those are in the state of Florida.
However, when asked about their confidence in their ability to pay next month’s mortgage, the data gets a little more gloomy. More than 300,000 Florida households shared “no confidence,” with 432,000 reporting “slight confidence” and nearly 750,000 reporting just “moderate confidence” in their ability to pay next month’s mortgage.
When asked about the likelihood of being evicted due to foreclosure in the next two months, some 13,000 households reported that it was “very likely” they would have to leave their homes due to foreclosure. Another 20,000 reported it was “somewhat likely” they’d have to leave their home due to a foreclosure.
By The Numbers:
Current on Mortgage Payments?
Florida Households Behind on Mortgage Payments
By The Numbers:
Confidence in ability to pay next month’s mortgage?
Florida Households with no confidence in ability to pay next month's mortgage
Florida Households with slight confidence in ability to pay next month's mortgage
By The Numbers:
Likelihood of having to leave home due to foreclosure?
Florida Households who believe it is "very likely" they will have to leave their home due to foreclosure in the next two months
Florida Households who believe it is "somewhat likely" they will have to leave their home due to foreclosure in the next two months
We want to hear from you.
Are you having trouble paying your mortgage in Florida? Do you think you will be able to pay next month’s payment? How likely do you think it is you will have to leave your home due to foreclosure in the next two months? Fill out our survey below.