Foreclosures Harder to Find on the Treasure Coast of Florida

By
Real Estate Broker/Owner with Welcome Center Realty 772-336-8583, FLA777
http://actvra.in/ytD

Foreclosures Harder to Find on the Treasure Coast of Florida

 

Below is an article from today’s Headlines – One that actually depicts REALITY!  (It will certainly be in the Window Front Today) Real Estate, Port St Lucie, Foreclosures, Buying a Home, Mortgages, Loan, Lenders, Florida, Treasure Coast, St Lucie County, Martin County, Palm Beach

 

 

Short Sales on the other hand are increasing…. As judges in the Tri-County area slow down foreclosures, Banks are turning to Short Sales as a means of disposing “foreclosing” inventory. Quite Frankly with Bank of America (being my favorite… haha/right) a short sale is most likely easier to purchase than a Bank of America REO – This WILL BE another Blog to look for, you won’t believe what they are up to here.

 

So – Homebuyers, - still want to know when the bottom will hit? Start recognizing the decline in inventory as one factor in the equation (Inventories are no longer at on all time high) which indicates the peak is past.

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2011 Treasure Coast Foreclosure Sales

area / # sales / % change / % of all sales / price /% change

           Real Estate, Port St Lucie, Foreclosures, Buying a Home, Mortgages, Loan, Lenders, Florida, Treasure Coast, St Lucie County, Martin County, Palm Beach

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Topic:
Real Estate Market Trends
Location:
Florida St Lucie County
Groups:
Treasure Coast Florida
Realtors®
Market Updates
All Things Florida
1st Time Buyers
Tags:
martin county
st lucie county
treasure coast
florida
lenders
loan
mortgages
buying a home
foreclosures
port st lucie
real estate

Comments 2 New Comment

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Rainmaker
966,681
Edward & Celia Maddox
We Take The High Road
Solutions Real Estate

We are also noting a severe decline in bank owned foreclosures on the market.

March 01, 2012 07:41 AM
Rainmaker
360,327
Cathy Bureau
Your Personal Real Estate Concierge
www.GreenHomeRealty.com

Excellent blog! I like that you used the newspaper clipping.

March 02, 2012 03:16 AM
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Rainer
78,560

Gayle Beyer

Port St Lucie FL Real Estate Broker
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