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U.S. foreclosures rose 7% in July from June
In Fla., foreclosure filings were up 6.78% compared to June, and 23.11% over July 2008. But the state iimproved some. Read more.
| Foreclosure fallout hangs heaviest here in Florida |
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Statewide, foreclosures rose nearly 400 percent, with 623,570 properties receiving unwelcome attention from banks and mortgage lenders. Through May, another 175,612 properties entered the pipeline, according to a study prepared by a task force advising the Florida Supreme Court about how the judicial system can deal with the worst foreclosure crisis since the Great Depression. |
| Florida’s existing home, condo sales up in 2Q 2009 |
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Sales of existing single-family homes in Florida rose 23 percent in second quarter 2009 compared to the same period a year earlier. A total of 43,125 existing homes sold statewide in 2Q 2009; during the same period the year before, a total of 35,008 existing homes sold. It marks the fourth consecutive quarter that Florida has seen higher existing year-to-year home sales. |
How to Not Get Ripped Off When Buying a Mobile Home Park
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Like any form of commercial real estate, there are unscrupulous sellers out there who are hoping to sell you defective property, or property that is massively over-priced. Mobile home parks, due to their general lack of understanding by the public and historically poor record keeping, are probably the most dangerous when it comes to buyers being taken advantage of.
Full Story: http://realtytimes.com/rtpages/20090813_mobilepark.htm
