Home » Archive

Articles in the Foreclosure News Category

Foreclosure News »

[17 Mar 2012 | No Comment | ]

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!In 2011 the number of foreclosures slowed. Now the banks are increasing their foreclosure activity.  The number of south Florida homes in some stage of foreclosure is up 53% from 12 months ago, to 3,563 homes in February.  Now, one out of every 264 homes in Florida  is in some stage of foreclosure.
For all of Florida, the increase in foreclosures is slightly less, at 40%.
So what is the forecast for 2012 for foreclosure  in south …

Foreclosure News »

[11 Feb 2012 | No Comment | ]

$25 billion in Foreclosure Payouts seems like it will really help homeowners, but will it ?
750,000 people who have already lost their homes  will get the magnificent sum of $1800 to  $2,000 each.  Too little, too late is a huge understatement.
A principal reduction of around $20,000 is expected to go to another one million homeowners who are underwater.   How many homeowners in south Florida are only underwater by such a small amount?
If you are  facing foreclosure will that help you?   A very small percentage of homeowners is going …