We're number one-- in foreclosures for 2012. Nevada was number one for a while, but Florida has surpassed the state in 2012 (it was #2 in the nation), according to the Sun-Sentinel.
Apparently when lenders resumed foreclosure filings after the paperwork errors, also referred to as "Robo-Signing," it helped to push up the number of foreclosures in the state.
Nonetheless, RealtyTrac, a real estate consulting firm, states the foreclosure problem seems to be winding down and is "comfortably past the peak."
One in 32 homes in Florida received a foreclosure filing in 2012, according to the Sun-Sentinel. The paper reports both Palm Beach and Broward counties had one in 31 homes in some form of foreclosure during 2012.
Many industry experts believe the South Florida market is primed for recovery. My broker, Scott Agran, was quoted as saying, "I feel like we have definitely moved beyond more problems or more surprises in the marketplace."
Should the market continue to improve, it might be a good time to buy or sell your home. Contact me so we can work through your individual situation.
I take an analytical approach to buying, selling and leasing real estate. I work with families, people looking for a rental home, a second home, investors, etc. As a Realtor, I am aware of trends in the domestic market, as well as in the local markets throughout South Florida. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.
For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550
An Analytical Approach To Buying, Selling and Leasing Real Estate
http://MYsouthFLrealestate.com
The greatest compliment you can give is the referral of your friends and loved ones
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
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