For my friend John who asked me about how many homes in our marketplace are either short sales or foreclosures. Our market is different than what’s happening nationwide, however our news is not all bad. The percentage of distressed sales is still decreasing even here in Broward and Miami-Dade counties.. Nationally, distressed property…
Buying a foreclosed home can seem like a dream. Deals sound like they’re too good to be true. But there are some hidden dangers in buying foreclosed properties that could be disheartening and disappointing if you’re not aware of them.
With so much talk in the news about the Shadow Inventory of homes I wanted to take a moment to look at the data to see if the hype is living up to reality. What we’re seeing is that the states that were hardest hit by the foreclosure crisis, namely Florida in particular, actually worked…