foreclosure rate in palm beach county: February Slowdown in Palm Beach County Foreclosures Continues
- 02/26/12 05:38 AM
3rd Party Success Rate at Palm Beach County Foreclosure Auctions Down AgainThe foreclosure process is a daily reminder of how the market run up of real estate prices earlier in the century proves what goes up must come down. And crashing down they came but the historical support level for pricing has been broken and with real estate now trading some 20% lower than normal price growth it remains potentially the best investment opportunity one will ever see. Most expectations are for prices to continue to stabilize throughout the year as a projected increase in foreclosure numbers over 2011 continues to (2 comments)
foreclosure rate in palm beach county: 3rd Party Bidders Making Hay at Palm Beach County Foreclosure Auctions
- 02/03/12 07:49 AM
No Rest for the Palm Beach County ClerkDay after day, week after week, month after month and year after year as we all go about our normal course of business the Palm Beach County Clerk is holding foreclosure auctions. Monday though Friday every week they are holding one. And every day the final chapter closes on what is typically a process that has gone on for years. I have one client who has a mortgage north of $900,000 that has not paid a penny on it for over 4 years. One day their property will end up at an auction but (5 comments)
foreclosure rate in palm beach county: Welcome Reprieve in Palm Beach County Foreclosure Numbers
- 01/29/12 06:03 AM
11th Straight Week of 3rd Party Bidder Supremacy Finally after 3 weeks of much higher foreclosure numbers in Palm Beach County a reprieve and who knows maybe the start of a reversal in trend. Our fourth full week of 2012 foreclosure auctions in Palm Beach County brought the number of weekly foreclosures below 200 for the first time in 7 weeks. Third party vendors continue to grab a large percentage of the prizes to continue the trend of banks letting properties go to others.
The chart above shows you the six-month trend of foreclosures in Palm Beach County where (1 comments)