LPS reports the largest year-to-year drop in mortgage loan delinquencies since 2002 Palm Coast, FL – July 8, 2013 – Jacksonville based Lending Processing Services announce today that the national delinquency rate for mortgage loans. At 6.08%, delinquencies have dropped 15 percent since the end of 2012. New loan rates are approaching pre-crisis levels. “Though […]
Pending sales have been above year-ago levels for the past 25 months. Palm Coast, FL – June 27, 2013 – Nationally, pending home sales rose in May to the highest level since late 2006, implying a possible spark as mortgage interest rates began to rise, according to the National Association of Realtors®. The Pending Home […]
An auction is the last step in the foreclosure process where the lender or another bidder take title to foreclosed property. Palm Coast, FL – June 24, 2013 – 100 foreclosed Flagler County properties are currently scheduled to be sold at foreclosure auctions during July. That’s 33 more than were scheduled in June. Not all […]
RealtyTrac data is convenient. Unfortunately, most major media outlets don’t know of (or use) better sources. Palm Coast, FL – June 18, 2013 – For the Nth time in a row, the media has reported national, state and local foreclosure activity quoting statistics from RealtyTrac. Unfortunately, people with whom I speak tend to take these reports […]
The event is scheduled for 10:00 A.M. till 5:00 P.M. Saturday and Sunday, June 22 and 23, 2013. The Beverly Beach event will feature the new Windward model home. Palm Coast, FL – June 17, 2013 – Grand Haven Realty and Emerald Homes have announced the Grand Opening event plans for the new Windward model […]
Once ITT’s model center site, this property was rezoned in 2005 to create the Old Hammock Cove PUD. BB&T foreclosed in 2012. Proposed rezoning will reduce the allowed density to 55 homes. Palm Coast, FL – June 16, 2013 – BB&T is seeking to rezone 21.84 acres bounded by Country Club Drive and the Palm […]
For years, all we have seen is listing price reductions. Now some sellers are deciding that with the improving market, perhaps their list price is too low. Palm Coast, FL – June 14, 2013 – Since the housing market crashed, we have become used to seeing real estate listing price reductions as sellers chased declining […]
Hammock Dunes Owners’ Association survey of owners highlights reasons residents chose Hammock Dunes. Palm Coast, FL – June 13, 2013 – The Hammock Dunes Owners’ Association has published to its members the results of a survey focusing on the reasons residents selected Hammock Dunes. Among all residents, the reasons were: Gated Community – 81% Hammock […]
Florida trailed only Nevada in the list of states with the highest percentage of underwater mortgages. Florida has 38.1% while Nevada has 45.4%. Palm Coast, FL – June 12, 2013 – Corelogic, a California-based residential property information and analytics provider, today released its first quarter 2013 national home equity report. 850,000 residential properties returned to positive […]
It now takes an average of 853 days to complete the foreclosure process in Florida. This number should go down under the new law. Palm Coast, FL – June 10, 2013 – Florida Governor Rick Scott signed into law Friday a measure that is aimed at reducing the time it takes to foreclose on real […]