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Archive for the 'South Florida Housing Market' Category

South Florida Mortgage Foreclosures Continue to Climb

Tuesday, August 7th, 2007

Foreclosure filings across the South Florida housing market continue to rise, as hopes for a housing recovery fizzle. (more…)

South Florida Mortgage Lenders Put Squeeze on Borrowers

Wednesday, August 1st, 2007

Healthy buyer demand and a shrinking housing supply still have not breathed new life into the ailing South Florida housing market, according to a second-quarter report from Metrostudy. (more…)

South Florida Mortgage Foreclosures May Lower Surrounding Property Values

Tuesday, July 31st, 2007

Mounting Florida mortgage defaults across the state threaten to hurt more than just those homeowners who lose their properties to lenders. (more…)

Miami, South Florida Sellers Refuse to Drop Prices

Monday, July 30th, 2007

South Florida homes continue to sit on the market, waiting for buyers, while more and more are being put up for sale. Some real estate experts now say it will be 2009 before the housing market starts to recover. (more…)

South Florida Mortgage Lenders Feeling Heat From Regulators

Saturday, July 28th, 2007

Many South Florida mortgage lenders are being watched - more closely than their counterparts elsewhere in the nation - after regulators tightened standards on exotic mortgages in response to spiking foreclosures. (more…)

South Florida Home Prices Take a Dive

Friday, July 27th, 2007

Fewer homes sold in the South Florida housing market in June, and median home prices dropped in almost every city. (more…)

Fed: South Florida Housing, Mortgage Woes to Limit Growth

Saturday, July 21st, 2007

The U.S. economy will slow over the rest of this year because of a significant deterioration in the bad credit mortgage market, a slowdown in residential construction and tighter credit standards for consumers and business. (more…)

South Florida Real Estate Investing: Not What It Used To Be

Thursday, July 19th, 2007

Investing in the South Florida housing market used to be a great way to make some great money, but the softening region is in state of flux right now. (more…)

South Florida Mortgage Defaults, Foreclosures Drop

Thursday, July 12th, 2007

The number of foreclosures in the South Florida housing market was nearly the same from the first to the second quarter, but declined from May to June, with Miami-Dade County seeing the biggest drop-offs. (more…)

South Florida Mortgage Brokers Cost Seniors Dearly

Friday, July 6th, 2007

Dozens of South Florida housing market senior citizens have lost millions of dollars of their savings because their brokers guessed on risky mortgage-backed securities after promising them a stable investment. (more…)