Foreclosure Rates show 50% increase Tampa,Fl

Foreclosure activity continues to rise in Tampa Bay Tampa Bay Business Journal There is little good news in a new foreclosure report from First American CoreLogic that shows more increases year-over-year in families losing homes. But the Tampa Bay region is doing better than Florida as a whole. Foreclosure rates in August 2009 were 8.58 percent […]

Bad news on foreclosure filings-Tampa, Fl

 Last week, RealtyTrac reported no real letdown in the endless bad news on foreclosure filings. August foreclosure filings were reported on 358,471 U.S. properties, a slight decline of one percent from July but 18 percent over August 2008. We’re on track for a 4 million foreclosure year. Last year, foreclosure filings were reported on 2,330,483 […]

Foreclosure activity increases 81 percent in 2008 according to RealtyTrac

 What’s the difference between Florida and other housing markets?  The Tampa Bay area is still a desirable retirement and second home destination. Therefore, we are expecting our market to increase in sales and reducing the amount of foreclosures in our housing market, sooner than other parts of the country. Nevada, Florida, Arizona posted top states […]

What you should know about Short Sale and Foreclosures

What is a short sale? When researching how to buy homes for sale in Tampa, Florida, you’ll see bank owned (foreclosures) and short sales listed in MLS. They may say “listing price may not be sufficient to cover all expenses” and you’ll know it’s a short sale.   Short sales are homes that the seller is hoping the […]

CNN Money-Tampa-St.Pete,-Clearwater Home Prices fell 20.6%

Foreclosures take heavy toll on home prices but bargain hunters are re-entering worst-hit markets. By Les Christie, CNNMoney.com staff writer The Median Sales Price, for the Tampa, St. Petersburg and Clearwater areas has dropped 20% to $173,400 from October 2007 to October 2008 A flood of foreclosures has driven home prices down. As many as […]

How Many Foreclosures? How Many Homes on the Market? Tampa, Fl

How’s the Real Estate Market in Tampa, Fl? That’s a question I am often asked by clients looking to relocate to our wonderful Bay area. The facts are revealed in this article that was published in The Tampa Tribune. It is hard to believe that The Tampa Bay area is number two in the nation […]

CNN MONEY Report, Housing: Best time to buy in four years-Tampa, Fl

Home values have declined across the country, giving homebuyers the best buys they’ve had since 2004. By Les Christie, CNNMoney.com staff writer Last Updated: March 5, 2008: 10:40 PM EST NEW YORK (CNNMoney.com) — It may be the best time to buy a house in more than four years. Home prices have dropped so quickly […]

Foreclosures Skyrocket-Article reveals where most foreclosures are in Tampa, Fl

Tampa Palms Townhome I have been hesistant on posting articles related to foreclosures in the Tampa Bay area, however I found this article and thought it had enough info worth while. If you are looking to purchase foreclosures in the area check out these statistics. It may help you decide where the best places are […]

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