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Friday, November 20, 2009

Florida has Most New Home Foreclosures

Click on title to see original story.

The Mortgage Bankers Association says one in four Florida mortgage are either delinquent or in foreclosure, the highest rate in the country.

Potential buyers are in a paradise; low prices, desperate sellers, historically low interest rates, tax credits for buyers, and easy FHA financing.

1 comments:

morrisproperty88 said...

Wow, seems like lot prices in Northport are at capitulation prices.
Wonder what sage Broslat thinks are the best values currently in water front land. ?Punta Gorda vs South Gulf Cove vs Port Charlotte;
?River vs Canal vs other?