I recently came across a news article that was trying to envision Florida real estate prices actually RISING over the course of the next year. I’m not joking about this.
The piece by James Thorner over at TampaBay.com was summarizing data put out by a data crunching firm which recently published findings that indicated that [...]
The rate of foreclosures spanning July through September has increased nationwide by an average of 2 percent according to three of the major real estate data reporting companies. However, in the Sunshine State both the Notice of Default (NOD) filings and actual auctions of FL foreclosures fell 6 percent.
Foreclosures Fall In Recent Months
The month [...]
All of the traditional news outlets seemed to be overwhelmingly optimistic about the prospect of economic recovery today after the Dow Jones Industrial Average crossed and then settled above the 10,000 mark for the first time in over a year.
Fueling the run up in stock prices today was the billions of dollars in 3rd quarter [...]
Both the people and government of Florida have worked tirelessly to cause the American public to associate Florida with sunshine, oranges, the Everglades, and vacations at Disney World. Unfortunately, over the span of 36 months the state of Florida has lost its identity as the sunshine State and has become associated with the word “Foreclosure”. [...]