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Posts Tagged ‘florida foreclosures’

Port St. Lucie Waiting for Federal Funds

Wednesday, October 29th, 2008

The Port St. Lucie Community Services Department together with Don Cooper, the City Manager is going to meet to decide upon as to how the $13.5 million fund of the Neighborhood Stabilization Program of the US Department of Housing and Urban Development will be used. The officials of the city are expecting to put an [...]

Pasco County is Waiting for Federal Funds

Monday, October 27th, 2008

A rescue plan for foreclosure that is worth $20 million has taken some shape in Pasco County. This has made the commissioners of this county put forward that proper steps have to be taken to deal with this real estate crisis situation in Pasco County. The increasing rate of foreclosure nationwide has put the real [...]

Brevard County Foreclosure Has Touched 850

Monday, October 13th, 2008

It has been found that the number of foreclosure in Brevard County has soared to 850 in the month of September. This has been reported by Scott Ellis, the Brevard County Clerk of Courts. This has a really bad effect on the economy hitting hard the real estate of the region at the same time. [...]

Collier County Foreclosure Rate High in September

Friday, October 10th, 2008

Collier County has been reported with a high rate of foreclosure in the month of September. It was 674 in August, which rose to 751 in September. The highest was recorded in the month of June when the number of foreclosure filings stood at 716. However, a further increase in the month of September has [...]

Hernando County Looking Out For Its Share from $3.92 Billion

Wednesday, October 8th, 2008

The commissioners of Hernando County have created a task force so that this county receives its part of the $3.92 billion federal fund. This fund granted by the US Department of Housing and Urban Development has been given to different states and their local governments and communities so that they can fight with the problem [...]

People above 50 are More Prone to Foreclosure

Friday, September 26th, 2008

According to the latest study of the AARP Public Policy Institute on housing and real estate, the older section of the Americans is probably more prone to foreclosure. It has been found through a study that nearly 684,000 of the people of America at an age of 50 and above were facing foreclosure on their [...]

How to Get Away with Foreclosures? Ask Lee County

Thursday, September 18th, 2008

Lee County real estate market is submerged in open foreclosure cases of over 22,000. This county has to send surplus dollars to the state from the fees to work on foreclosure homes. Charlie Green, Clerk of Courts is already prepared to hold back about $200,000 to $300,000 from court fees and foreclosure to make a [...]

A Ray of Optimism in the US Real Estate

Wednesday, September 17th, 2008

A ray of hope seems to be there for the real estate market of US. Although the rate of foreclosure homes have gone up in the month of August, but there is an indication of stabilization in the US housing market. The Fannie Mae and Freddie Mac bailout by the government is supposedly going to [...]

Improvement in the Number of Mortgage Defaulters

Friday, September 12th, 2008

The problem of foreclosed homes although has hit terribly the real estate in the second half, but there is also an improvement that is being noticed in the number of borrowers who were falling badly in their mortgage payments. It has been seen that there has been a decrease in their numbers for the first [...]

Home Values Drop in Miami: Good for First Time Buyers

Monday, September 8th, 2008

The value of homes in Miami that was high in the last 21 years has started to decline significantly due to foreclosures. The previously owned single-family homes of the area, over the last year, have declined by 28.3 percent. Miami stands second to Las Vegas in this matter whose real estate home prices fell by [...]

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