Why Florida is not the place to move and Arizona IS!

By
Real Estate Broker/Owner with Superstars Realty BR552311000

Well I know many of you will be mad at me for the Headline but DS news just posted info from Black Knight on Non-current Mortgages,  with Florida coming in at 47th place, values are going to be in question:  DS News reached out to Black Knight for a comment on Florida’s improving non-current rates prior to Hurricane Irma: “Florida had the highest non-current mortgage rates of any state for almost five full years–from September 2008 through August 2013. The state’s solid improvement in the years since has helped it climb from number 50 among all states ranked by lowest share of past due mortgages to 28th. In the wake of Irma, Florida has seen–thus far–a 47 percent jump in its non-current rate, dropping it all the way back to 47th place. The rise in Florida’s non-current rate is likely to continue in October.”

The fall out has just begun, and this seasons Winter Visitors will be flocking elsewhere, I predict it will be Arizona, where the only bad weather here is the heat and a good swim in the pool or one of our beautiful lakes will fix that. It is very sad that so many have suffered in Florida and I feel for them, but if you are going to pick a great retirement area, Arizona is far more stable in values, and weather.

See what your can get at: www.SuperstarsRealtyGroup.com

 

you can find the full artical here:  http://www.dsnews.com/daily-dose/10-19-2017/firstincreaseinsevenyears

 

Posted by

 

     Superstars Realty

Arthur Welch

Superstars Realty

623-687-7852

 

 

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Topic:
Real Estate Market Trends
Location:
Arizona Maricopa County
Tags:
financial
defaults
deliquency
black knight inc

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Rainmaker
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Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good evening Art Welch 

Thank you for sharing your information with us. 

Oct 19, 2017 04:58 PM #1
Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Some good points but for some who want to be ont he water, florida is better

Oct 19, 2017 06:27 PM #2
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