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Showing posts from July, 2018

Foreclosures down 78% since 2010 peak

Foreclosures down 78% since 2010 peak   IRVINE, Calif. – July 13, 2018 – ATTOM Data Solutions' Midyear 2018 U.S. Foreclosure Market Report found a total of 362,275 U.S. properties with foreclosure filings – default notices, scheduled auctions or bank repossessions – in the first six months of 2018. That number is down 15 percent year-to-year and down 78 percent from its recession-era foreclosure peak in the first six months of 2010. Unlike earlier years, Florida is barely mentioned in ATTOM's latest report. While its foreclosure rate remains No. 4 nationwide (0.37 percent), the top three states are now South Carolina (0.39 percent), Ohio (0.37 percent) and Nevada (0.37 percent). In a look at metro areas, Miami is mentioned only because its foreclosure activity has dropped 55 percent below pre-recession averages – but 55 percent of the metro areas studied have also seen their foreclosure activity drop to a level below the "normal" level they had before th

Renters spend almost 6.5 years saving for 20% downpayment

Renters spend almost 6.5 years saving for 20% downpayment   MIAMI – July 13, 2018 – Renters in expensive California markets can expect to spend more than two decades saving for a 20 percent downpayment on a median valued home, but Florida buyers can do so in about one-third the time. Nationwide, renters can expect to spend nearly six and a half years saving for a 20 percent down payment on a home, according to a new HotPads analysis. The median home value in the U.S. is $216,000, which means a 20 percent downpayment would be $43,200. If a renter making the median income saves 20 percent of their income each month – as financial experts recommend – they would have enough for a downpayment in 77 months, which is nearly six and a half years. However, in the three  Florida  cities included in the study – Miami, Orlando and Tampa – renters must spend more than 6.5 years. It takes longest in Miami (11 years, 5 months) compared to Tampa (6 years, 11 months) and Orlando (8 years, 2

Resort Style Living for 55+. Pets Welcome.

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211 NW Chorale Way Port Saint Lucie Fl 34986 Resort Style Living for 55+. Pets Welcome.  2/2/2 Extended Pearl floor plan w/ den in the Cascades, many upgrades. Open floor plan, vaulted ceilings, 42’ wood cabinets, SS, granite countertops, gas & solar heated, salt water pool, screened covered lanai, private preserve backyard, accordion shutters and so much more.Clubhouse w/ pool, fitness center, 10 har tru tennis courts, 9 hole golf, shuffleboard & bocce. HOA includes yard care, cable, internet, 24-hr guard, monitored home security. Convenient to I-95 and Florida Turnpike. Shopping, restaurants, medical facilities, NY Mets Spring Training facility close by. Offered at $307,00.00 MLS RX-104291 pcrain@ipre.com www.paulinecrain.ipre.com Pauline Crain/ Owner agent Direct: 561-452-5560 Office: 561-746-0008 Business Fax: 561-747-5086