Home Owners entering into Lis Pendens (Latin for "a suit pending," ) In Saint Augustine Florida, Saint Johns County for April 2010 total 187 and YTD 916
What does all this mean? Well it depends on how the banks and Government handle Loan Modifications, based on the current track record this would add another 1000 Homes to sell by Short sale or Foreclosure.
While buyer activity is 20% higher than last year, Prices are still dropping.
If you are Interested in learning what options you have if you are Facing Foreclosure then Visit my St Augustine Foreclosure and Short sale Page.