Tag Archives: West Palm Beach Foreclosure
Half-a-Million Foreclosures That Didn’t Need to Happen
You’ve seen the headlines. From the Tampa Bay Times: “Untangling Florida’s Foreclosure Crisis.” From Bloomberg:“Florida Defies Housing Rebound as Foreclosures Soar.” And from the Sun-Sentinel: “South Florida, State Lead U.S. in Foreclosures.” How did Florida get into this mess? Simply put, banks lent more money to more people than they should have, and when… Read More »
Florida Leads United States in “Zombie” Foreclosures
“Zombie” foreclosures—defined by Money as homes abandoned by their owners but not yet taken over by the banks—are a persistent problem in the housing market. According to RealtyTrac, Florida leads the United States in zombie foreclosures, the Tampa Bay Times reports. Zombie Foreclosures in General Money provides the following facts related to zombie foreclosures… Read More »
Decline in South Florida Foreclosures Might Not Be Good News
According to a recent article in the Sun Sentinel, foreclosure cases in South Florida continue to decline. A report from RealtyTrac, cited by the Sun Sentinel, lists 1,529 new foreclosure cases in Palm Beach County from January 2014 through April 2014, 54 percent fewer than a year earlier. That might sound like an encouraging… Read More »
