florida property: South Florida Real Estate Trends: Which Areas Have The Most Foreclosures - 04/17/08 05:40 AM
The Miami-Dade region has been regarded by many to be the epicenter of Florida's mortgage foreclosure crisis. In a survey done in 2007 by Money Magazine, it listed 33,160 foreclosures, including those in all of Sunny Isles and Golden Beach, and in some small areas of Aventura and North Miami Beach, and ranked it as the area with the most number of foreclosures in Florida, placing second only to Atlanta in the southeastern United States. The Money Magazine durvey also states that North Miami-Dade zip code even entered the national top 20, with having 480 foreclosures filed in the first half … (1 comments)

florida property: South Florida Real Estate: The Stimulus Package, Property-Tax Plan And Its Effect On Homeowners - 04/14/08 06:01 AM
The effects of the US housing crunch have wide-reaching implications that may take some time to correct. In its aftermath, thousands of homeowners have been displaced from their homes by the tide of foreclosures, and many private home lending firms have either closed shop, or filed for bankruptcy claims these days. The South Florida region has been one of the worst hit zones in the country, and regulators, lenders as well as politicians have enacted measures to aid distressed homeowners and lenders as well, to help cope with the rise in mortgages and the dearth in the sale of new homes. … (0 comments)

 

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