Tax foreclosures and other types of existing dwellings recorded higher sales figures in Tampa in January. Sales in the existing home segment rose by over 14%.
HUD repo homes and bank foreclosure numbers in Tampa are likely to increase again as underwater mortgages rise. Almost 50% of loans are underwater in the area.
Investors had stopped flipping their houses at the time of drop in the housing market. However, as the real estate market has gained its pace, people are again showing their interest in flipping their homes. To know more about Home Flipping visit our blog.
Investors had stopped flipping their houses at the time of drop in the housing market. However, as the real estate market has gained its pace, people are again showing their interest in flipping their homes. To know more about Home Flipping visit our blog.
Giant Florida REO Foreclosure Sale Sept 18-30, 2010 w REDC & Auction.com. Orlando REO, Tampa REO, Jacksonville REO, West Palm Beach REO, Miami REO, Fort Meyers REO, Miami REO. Different Dates for each location. Register now!
There are amazing properties that will be in these auctions - properties that just became available. Mansions and homes that homebuyers will be purchasing for as much as 50-60% less than the properties' previous high value.
Mortgage rates have remained low in the U.S., while home prices continue to decline in most markets. The trends are good news for homebuyers, analysts stated.
Each week, new REO bank owned properties enter the housing market, resulting to the further drop of home prices. This event has attracted bargain hunters.
Government foreclosures and bank foreclosure processing might soon become simpler in Florida. A legislative bill meant to speed up the procedure has been filed.