What Happens in Florida, Will Happen Everywhere Else
Want to know what will happen in the U.S. Real Estate Market? Watch Florida. Jim Cramer says Florida is the template for where the US housing market is headed. Florida real estate lead the way during the boom and the bust, and will lead the way in a recovery. Look to Florida to find out [...]
Florida Foreclosure Pain Continues
Foreclosure activity is on the rise as Florida continues to have one of the highest rates of foreclosures in the nation. California and Nevada round out the top three and foreclosures were reported as increasing 32 percent from last year. This means that more bank repos are on the way and depreciation of Florida real [...]
Property Underwater? You have 2 choices
Pay or do not Pay. Florida, California and Nevada fill up the top ten cities with negative equity, with 43.5% of homes being upside down in nearby Port St. Lucie. You pay, you stay. You don’t pay, you will be foreclosed on and will be forced to move out. Modifications are rare, and usually only [...]
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