North Florida Foreclousures trends and outlook
This Information was compiled from Many sources with Interpretation and Analysis by me a real estate agent, so this is just my opinion and not based on facts. This Information should be viewed as one of many forecast in the real estate industry and do not buy or sell a home based on this.
- Unemployment Rate for Jacksonville, FL Metropolitan Statistical Area 11% as of April 2010
- Florida Home with Negative Mortgages 2,171,685
- Florida Home Ownership from 2008 Census 6,160,205
- Percent of Homes Owned 35.24
- 90 Day Delinquency rate 19.7 % up from 2009 13.1%
-
Foreclosures Rate 11.8%
- Jacksonville / Saint Johns Foreclosures 600 Active for sale
- Lis Pendens and REO Volume Check my Post : From May 2010 REO Volume Report for Florida
- Saint Augustine Foreclosures and Information : on my site St. Augustine Foreclosures
If you want to know what areas / type of properties I am recommending to my customers Please contact me.
On the issue of help for distressed Florida homeowners , new programs are available and I am starting to research this topic and will post my findings