Florida - Short Sale Fundamentals
 
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14
May
Short Sale Opportunities in Florida

Short Sale Opportunities in Florida

Good old Florida is turning out to be pretty scrappy after all. Since being one of the hardest hit areas of the country by the “downturn” they were projected to come in dead last when it comes to recovery. But it turns out that according to the lastest reports things are picking up faster than...

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21
Dec
Foreclosure Mediation Fail

Foreclosure Mediation Fail

You know how Congress seems to have a big problem compromising? The two parties can’t seem to both get behind something because of “irreconcilable differences”? Well, it seems Florida has caught the unreasonable bug. You see, Florida had this need foreclosure mediation program. I say “had” because as you’ll see the program has been laid...

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12
Jul
15 Best Markets To Put Your Money In – Part 1

15 Best Markets To Put Your Money In – Part 1

Okay, be honest, do you really have millions of dollars stashed away just waiting for the right (crazy)investment scheme to come along? Have you been hanging onto your hard earned cash in this tough economy because you’re just waiting for your moment to waste it all? Probably not. No, if you’re like most Americans you’re...

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18
Aug
Delinquencies Down Again

Delinquencies Down Again

Delinquency rates have fallen again for the second straight quarter. That means the number of people more than 60 days behind on their mortgage payments is less than it was last quarter. Now it’s holding at 6.67%, down from 6.77%. Last quarter was the first time in 3 years that the rate fell. But we’re...

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30
Jun
Foreclosures Are Ripe

Foreclosures Are Ripe

Okay, true or false: 31% of all home sales in the first quarter of 2010 were foreclosures. You’re thinking it’s true, right? I mean, why would I make up such shocking numbers for no reason? Well, you’re right. It’s actually true. Though pretty unbelievable. What’s even more amazing is that prices for distressed properties were...

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24
Jun
Government Handouts

I’ll Take The Money

I’m thinking of changing my name to California. Think it’s a good idea? I just heard the US government is giving California $700 million to fight foreclosures. So maybe I can pull a fast one and get the money deposited in my account. After all, who helps fight foreclosure more than me? Though, if I...

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10
Jun
housing market prices down

Prices Falling Just in Time

Did you ever notice how things have a way of balancing out? You know, things go down just as something else goes up. It’s always funny when it works out that way, but it really makes a lot of sense. Take the latest news about home prices, for instance. The tax credit for first time...

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14
Feb
When Waves Attack

When Waves Attack

I don’t know if you caught the (non-real estate) news this weekend, but a rogue wave at a Calif. surfing competition got some spectators into the action. Apparently a 6-foot wave washed away a group of spectators leaving them bruised and battered. Well, if you’ve been a spectator all this time on the real estate...

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18
Jan
Foreclosures by State

Foreclosures by State

Check out the image and find your state. (If you don’t know what your state looks like, ask a friend or go back to 7th grade geography.) Notice the interesting shades of green. (If you’re color blind, again, ask a friend or guess randomly.) Now this is a map of the severity of the foreclosure...

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