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Archive for the 'St. Lucie County' Category

St. Lucie County Mortgage Defaults: On the Rise

Tuesday, August 7th, 2007

The number of Florida mortgage foreclosures filed in the St. Lucie housing market this summer has skyrocketed, causing those in the legal community to try to find new ways to help those in danger of losing their homes. (more…)

Glut of Empty Homes Up and Down the Treasure Coast

Monday, July 30th, 2007

A glut of new but vacant homes continues to dominate the landscape of the central and northern portions of the Treasure Coast, a Florida housing report released last week suggested. (more…)

St. Lucie County Housing Market Under Duress

Sunday, July 15th, 2007

Because of the severe decline, the St. Lucie housing market is officially in recession, an economist told Florida home building industry leaders. (more…)

Palm Beach County Mortgage Problems Continue

Tuesday, July 10th, 2007

Mortgage foreclosures in Palm Beach County tripled in June compared with the same month a year ago, and they quadrupled in St. Lucie County. (more…)

Economic Impact of Soft Florida Housing Market Widens

Monday, July 2nd, 2007

When it comes to the Florida mortgage market, the impact of slower economy is unmistakable. (more…)

Property Values Increase in St. Lucie County

Friday, June 29th, 2007

The St. Lucie County housing market received slightly better news about property values Tuesday than Property Appraiser Jeff Furst predicted recently, but the figures still were far below the double-digit increases of the past few years. (more…)

Home Prices Ease, Favor Buyers in St. Lucie, Brevard

Monday, June 4th, 2007

Good news for the local housing market.

The average home doubled in value in St. Lucie County, Brevard County and South Florida during the past five years, according to a national study released Thursday by the federal government. (more…)

Foreclosures Quadruple in St. Lucie, Remain Unchanged on Palm Beach

Thursday, May 17th, 2007

The number of homeowners falling behind on their Florida mortgages nearly quadrupled in St. Lucie County last month compared with a year ago - but remained nearly unchanged in Palm Beach County. (more…)

Bell Tolls For Treasure Coast Home Investors

Thursday, April 26th, 2007

The Treasure Coast suffered the biggest drop in home sales in the state last month, with sales posting their steepest decline in 18 years.

It’s the clearest evidence yet that the boom has gone bust in the wake of soaring foreclosures, tightened Florida mortgage lending standards and an exploding inventory of unsold homes.

(more…)

St. Lucie County Hammered By Foreclosures

Wednesday, April 25th, 2007

It was the best and it was the worst of times in the Treasure Coast last month. Falling home prices and rising Florida mortgage payments pushed hundreds of homeowners into foreclosure, the Palm Beach Post reports.

(more…)