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The U.S. bankruptcy trustees have initiated a developmental program. The program could drastically quicken the sale process of homes by Fannie Mae, Freddie Mac, and other major lenders. Instead of allowing properties to sit on the sidelines while the bankruptcy process plays out, the program would cut years off the sale of said properties and

The rate of foreclosures in Miami has fallen by 5.9 percent in July. This has been its lowest point since the crash of the housing market. Unfortunately, Miami, which also includes Miami Beach and Kendall, are still among the highest in the country. The number of outstanding mortgages averages at about 1.7 percent in the

Home sales have continued to rise in the past couple of months nationwide. In Broward County, it is no different. Those who are attempting to sell their properties are finding that there are a lot more self-assured buyers with the now steading housing market. Therefore, the interdependence between buyers and sellers will unravel the economical

Read about the criminal charges of a couple from Palm Beach. Although bankruptcy is an uncomfortable process to go through, has given many people a fresh at finances. One of the key points in being given financial freedom is that you must be completely honest during the bankruptcy process. In fact, one couple in Palm

The Florida Attorney General’s Office declared that Bank of America will be providing a billion dollars for relief. It will go to approximately 17,000 Floridians over a settlement for mortgage security fraud. Bank of America Corp paid $16.65 billion to finalize the investigation; for the sale of harmful mortgage securities by federal, Florida. And, other

In the past 36 months, developers of the Greater Downtown Miami area have announced their plans. The plans have to do with the creation of 65 new Towers; while the Fort Lauderdale area has sat by unproductive. This, however, was changed with news released last week. In a report provided by the Sun-Sentinel, the partnership

According to Metrostudy Research Firm, South Florida ranks among the top markets of home construction. The tri-county area is ranked ninth in the country. This was after conducting a nationwide survey of nearly a thousand communities, including job and population growth with housing evidence. The construction business is doing very well right now. The reason

South Floridians are feeling pain when it comes time to pay their landlords. Rent is taking a larger sum out of their paychecks than nearly anywhere else in the country. And, there is no sign of relief in sight. It takes 44 percent of your earnings, typically, to pay rent in South Florida. This is

The real estate market in South Florida is changing drastically. Palm Beach County home sellers are putting big price tags on their homes. According to Trulia.com the asking prices for the properties have increased 14.5 percent in the area compared to August of last year. They are the fourth raking region in the nation. Lakeland

In July, South Florida was among the regions with the highest foreclosure rates in the Country. Moreover, one in every 421 homes had a foreclosure filing throughout Miami-Dade, Broward, and Palm Beach County. The tri-county came in fifth throughout Florida. Palm Bay-Melbourne was among the top with one in every 404 homes in foreclosure, Orlando