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Foreclosures Harder to Find on the Treasure Coast of Florida

By
Real Estate Broker/Owner with Welcome Center Realty 772-336-8583, FLA777 BK3040183

Foreclosures Harder to Find on the Treasure Coast of Florida

 

Below is an article from today’s Headlines – One that actually depicts REALITY!  (It will certainly be in the Window Front Today) Real Estate, Port St Lucie, Foreclosures, Buying a Home, Mortgages, Loan, Lenders, Florida, Treasure Coast, St Lucie County, Martin County, Palm Beach

 

 

Short Sales on the other hand are increasing…. As judges in the Tri-County area slow down foreclosures, Banks are turning to Short Sales as a means of disposing “foreclosing” inventory. Quite Frankly with Bank of America (being my favorite… haha/right) a short sale is most likely easier to purchase than a Bank of America REO – This WILL BE another Blog to look for, you won’t believe what they are up to here.

 

So – Homebuyers, - still want to know when the bottom will hit? Start recognizing the decline in inventory as one factor in the equation (Inventories are no longer at on all time high) which indicates the peak is past.

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2011 Treasure Coast Foreclosure Sales

area / # sales / % change / % of all sales / price /% change

           Real Estate, Port St Lucie, Foreclosures, Buying a Home, Mortgages, Loan, Lenders, Florida, Treasure Coast, St Lucie County, Martin County, Palm Beach

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Comments(2)

Edward & Celia Maddox
The Celtic Connection Realty - Queen Creek, AZ
EXPERIENCE & INTEGRITY - WE TAKE THE HIGH ROAD

We are also noting a severe decline in bank owned foreclosures on the market.

Feb 29, 2012 11:41 PM
Cathy Criado
Criado Realty - San Antonio, TX
Making Real Estate Profitable

Excellent blog! I like that you used the newspaper clipping.

Mar 01, 2012 07:16 PM