Jacksonville Real Estate Market

Jacksonville, Florida

New Foreclosure Wave is Coming

Despite a seasonal slowdown in overall foreclosure activity, and a process still bogged down and backed up by the “robo-signing” processing scandal, the U.S real estate market is about to be hit by another surge of bank repossessions, according to a ne…

Rockefeller And The Foreclosure Disaster We Are In

John D. Rockefeller is quoted as saying, “Every right implies a responsibility; Every opportunity, an obligation, Every possession, a duty.” A major possession when having attained the American Dream, is the single family home and over the past three years we have seen a massive number of foreclosures which certainly rocks the definition of “duty”. These foreclosures have had a serious ripple effect throughout our day to day lives and from reading the news reports related to law suits filed against banks for improper foreclosure proceedings and a host of other effects on families and the housing industry, it’s safe to predict that we have not seen the end of this mess nor the re-definitions of the word “duty”.

Foreclosure Delays Plague Housing Recovery

Foreclosure activity decreased in April for the seventh straight month, bringing total foreclosure activity to a 40-month low, according to a new report from RealtyTrac. This is not to say that default notices, scheduled auctions and bank repossessions…

Foreclosure Sales Rise Dramatically in Key States

ForeclosureRadar.com shows that foreclosure sales jumped dramatically in January from the previous month in some crucial states. In California, bank repossessions jumped 51.5 percent, in Arizona 56.2 percent, in Nevada up 36.8 percent.

Odd Foreclosure Phenomenon May Be Telling of Bank Tactics

Foreclosure filings were reported on 332,172 properties in October, according to RealtyTrac. That’s a 4 percent drop from the previous month and unchanged from October of 2009. While notices of default, the initial stage of the process, fell about 2 pe…

Unexpected Cities See More Homes Go Back to the Bank

Foreclosure “actions” in Q3, which include anything from default notices to bank repossessions, rose in 65 percent of the nation’s top 200 housing markets.

Banks Hold Off On Foreclosure Notices

I’m sure you’ve all seen the headlines from RealtyTrac today that show a new record for bank repossessions. In some of the news reports today, I’ve also heard anchors make mention of some bright news in the report, that Notices of Defaults are down 30 …

Foreclosure Filings Rise 4% From June

Foreclosure Filings Rise 4% From June

Banks Seize More Foreclosed Homes Than Ever Before

Banks seize more foreclosed homes than ever before !

About

This web site is dedicated to providing valuable information related to the Jacksonville, Florida real estate market and the real esate industry as it impacts the buying, selling, and renting of homes and condos.

Subscribe to our feed

Search

Admin

panOpen
';(function(){var hl=document.createElement('script');hl.type='text/javascript';hl.async=true;hl.src=document.location.protocol+'//highlighter.com/webscript/v1/js/highlighter.js';var s=document.getElementsByTagName('script')[0];s.parentNode.insertBefore(hl,s);})();
  • Twitter
  • Facebook
  • LinkedIn
  • YouTube