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Palm Beach Post (blog)

Will bank settlement help Florida's real estate market?
Palm Beach Post (blog)
by Opinion Staff Florida has joined with 48 other states in a $26 billion settlement with the nation's largest banks over fraudulent foreclosure practices that will net Floridians $8.4 billion in relief. Homeowners who lost their homes due to fraud ...
Multi-State Foreclosure Fraud Settlement Will Be Signed by 40+ States Per Iowa ...JD Supra (press release)
Banks See Paying Bonus to Troubled Homeowners Beats Foreclosure: MortgagesBloomberg
US, Banks Agree on Foreclosure PactWall Street Journal
Daily Gossip -U-T San Diego
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Housing Wire

Brevard Single Family Home Sales Up, Prices Down
Brevard Times
Brevard County's real estate sales have increased in volume, but the median sales price has gone down from 2010 to 2011 according to data released by Florida Realtors® today. The median sales price for a single-family existing home on the Space Coast ...
Florida's Existing Home, Condo Sales Up in 4Q 2011MarketWatch (press release)
Top 10 markets for home-price growth in Q4 2011Inman.com

all 36 news articles »

Arizona & Florida Snowbirds Can Expect Great Deals at Avatar Properties ...
MarketWatch (press release)
"Home values across Florida are now at levels last seen more than ten years ago in most major markets. Florida real estate prices dropped hard, but that in turn has created an exceptional buying opportunity," he said. At Solivita for instance, ...

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The Real Estate Market Just Hit Rock Bottom
Wall Street Daily
Price drops have been far worse for homeowners in Nevada (-60%), Arizona (-52%), Florida (-50%), Michigan (-44%) and California (-44%). (Ouch!) And if that's not depressing enough news, we get this last week: The S&P/Case-Shiller 20-city composite home ...

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Winter Park/Maitland real estate briefs
Winter Park/Maitland Observer
My Florida Regional MLS (MFRMLS), Florida's largest multiple listing service, relocated its corporate headquarters from Orlando to Maitland on Feb. 6. “This relocation marks a significant moment for MFRMLS, as our new location will offer enough space ...

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WTSP 10 News

Housing Market: Will it bottom out in 2012?
WTSP 10 News
Tampa, Florida -- Some real estate agents have been saying it for the last few years... the bottom is here. New numbers from Zillow indicate the Tampa Bay housing market may be getting close to the bottom in terms of home values.

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Housing Wire

Florida Has the Nation's Highest Foreclosure Inventory
LoanSafe
by Evan Bedard on February 8, 2012 in Real Estate (Source: By Paul Owers, Sun Sentinel, Fort Lauderdale, Fla.) - Florida has the nation's highest foreclosure inventory, according to a report Wednesday from CoreLogic, a California research firm.
Garden State facing withering backlog of foreclosuresInvestmentNews
Foreclosure inventory in Phoenix decliningPhoenix Business Journal
CoreLogic: Foreclosures drop 24% in 2011Housing Wire
WOWT
all 40 news articles »

Florida House considers plan to speed up foreclosures
Wink News
Lawmakers are taking another look at tackling Florida's backlog of foreclosure cases, by speeding up the process. "We do have a tremendous delay in foreclosures," said real estate attorney Kevin Jursinski. He notes Florida's foreclosure process has ...


'No doubt' market reached bottom
Jacksonville Daily Record
“No doubt, yes,” said Anthony Crocco, Metrostudy director of Central/North Florida. “Last winter was the bottom,” he said, explaining that it was “quarter four 2010 and first quarter 2011.” Crocco presented a Northeast Florida real estate analysis ...


Robert Massey, who helped build one of the largest automobile dealership ...
Florida Times-Union
Robert Massey, who helped build one of the largest auto dealership chains in Florida, died at age 77. By Sandy Strickland Robert Massey, who helped build one of the largest Dodge, Chrysler and Plymouth dealership chains in Florida, died Monday from ...

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