posted
Dec 31, 2009 by REI News
If the time is now consider Tampa Florida for your next luxury real estate purchase. Wealthy borrowers with real estate mortgages that exceed 1 million are foreclosing or turning to short sales at almost double the average U.S. rate.If the time is now consider Tampa Florida for your next luxury real estate purchase. Wealthy borrowers with real estate mortgages that exceed 1 million are foreclosing or turning to short sales at almost double the average U.S. rate.
posted
Nov 26, 2009 by REI News
Three years of depreciation have left close to half of Tampa Bay homeowners owing more on their mortgages than their homes are worth. 46 percent of residential properties in the Tampa Bay area struggled with negative equity. Thats 314183 out of 684822 homes. In Florida about 2 million of 4.6 million home mortgages were underwater.Three years of depreciation have left close to half of Tampa Bay homeowners owing more on their mortgages than their homes are worth. 46 percent of residential properties in the Tampa Bay area struggled with negative equity. Thats 314183 out of 684822 homes. In Florida about 2 million of 4.6 million home mortgages were underwater.
posted
Nov 25, 2009 by REI News
The highest delinquency rates were in Nevada 1.98 percent followed closely by Florida 1.47 percent and Arizona 1.35 percent. These are three out of the four states with the highest foreclosure rates. If you add California the four states had 43 percent of all foreclosures started in the third quarter according to the Mortgage Bankers…The highest delinquency rates were in Nevada 1.98 percent followed closely by Florida 1.47 percent and Arizona 1.35 percent. These are three out of the four states with the highest foreclosure rates. If you add California the four states had 43 percent of all foreclosures started in the third quarter according to the Mortgage Bankers…
