Due to significant increases of property values, both Pinellas & Hillsborough counties have lowest level of foreclosure filings since 2006. Inventory of bank-owned properties available is low, and is expected to continue to drop.
Here is more info:
http://www.tampabay.com/news/business/realestate/tampa-bay-foreclosures-plunging-to-lowest-levels-since-2006/2281987