Jacksonville Real Estate Market

Jacksonville, Florida

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…

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.

Foreclosure Filings Rise 4% From June

Foreclosure Filings Rise 4% From June

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