Thoughts, facts and photos of life on the sub-tropical Treasure Coast of Florida. Home loving, food cooking, wine tasting, design crazy, and house obsessed topics hand picked by a spirited Realtor who has her own passion for well...real estate, family
and everything Florida.
Pondered and written at home (Hidden Hammock), or the offices of Premier Realty Group on the Indian River in Sewall's Point.

Thursday, November 10, 2011

One time coming in third is preferred in Florida.

 FORECLOSURE DAYZ IN FLORIDA

http://www.realtytrac.com/content/news-and-opinion/third-quarter-2011-top-state-foreclosure-timelines-6892?a=b&accnt=305786

Reading these numbers for the third quarter of this year takes my mind in several directions.
My Realtor brain wonders what the real impact of all these yet-to-be-foreclosed properties will have
on our inventory and absorption rate for the next few y-e-a-r-s. Will they trickle or flood onto the market?
The Personal part of my brain feels relief for friends and friends of friends who though living with a gavel over their heads, can stay in their homes for over two years while they figure out what they are going to do and where they are going to go from here.
None of it is good for the spirit or the bottom line of us collectively and individually.
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2 comments:

  1. Gabe SandersNovember 11, 2011 at 5:31 AM

    Laurie, the one constant in this mess is that whenever you think you know what's going to happen, things change.

    ReplyDelete
  2. UnknownNovember 12, 2011 at 3:28 AM

    I think you are right Gabe...unfortunately it feels more like, "The more things change, the more they stay the same."

    ReplyDelete

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