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Linda Hersey | SaintPetersBlog | “More homes sold in St. Petersburg than any other Pinellas County city in July. But Florida overall tops the nation in the percentage of underwater homes and short sales, according to new statistics. RealtyTrac, which monitors homes in foreclosure, reports that in August the Sunshine State was No. 2 in theRead more

Scott Gunnerson | FLORIDA TODAY | “Zombies are everywhere lately, it seems. TV shows, video games, even chasing runners during special 5K races. You might even have a zombie next door. The first sign of trouble: An unmaintained yard, growing wild amid Florida’s summer heat and rain. “Zombie” properties — homes abandoned by the owners, but stillRead more

Rebecca Freeman | U.S. Finance Post | “The number of foreclosures in July were down 25 percent from a year earlier according to CoreLogic. During the month of July 49,000 foreclosures were completed compared to 53,000 the previous month.That was a decrease of 8.6 percent. In July 2012 there were 65,000 foreclosures. For context, CoreLogic pointed toRead more

By Francys Vallecillo | World Property Channel | “The U.S. foreclosure inventory decreased 32 percent in July compared to last year, according to the latest numbers from CoreLogic. The inventory included approximately 949,000 homes in some stage of foreclosure. As of July, the foreclosure inventory represented 2.4 percent of all homes with a mortgage, compared toRead more

Mary Shanklin | Orlando Sentinel | “Florida led the nation last month with what one expert called an “astounding” rate of all-cash home sales: 66 percent, a new report shows. Investor groups, international buyers, landlords and those in the market for vacation homes are fueling a cash-only market that has virtually shut out entry-level homebuyers, who can’tRead more

Raju Chebium | Gannett Washington Bureau | “California’s hard-hit housing market has improved considerably since the crisis of 2008 but Congress should pass President Barack Obama’s latest proposals to keep that recovery on track, Housing Secretary Shaun Donovan said Monday. The White House released a raft of evidence touting California’s housing recovery due to policies adopted since ObamaRead more

Timothy Gibbons | Managing Editor- Jacksonville Business Journal | “Florida had nine of the top 10 cities with the highest foreclosure rates in the nation, a list led by Jacksonville, according to the Florida Legislature’s Office of Economic and Demographic Research. That’s the third month in a row, the Jacksonville News & Daily Record say, that the stateRead more

ALEX FERRERAS | “The latest housing data from the Florida Association of Realtors has revealed that the Sunshine State’s housing market is now in recovery mode – despite the fact the state suffered massive foreclosure losses over the last 6 years. Florida is not only witnessing double-digit gains in statewide home sales, new listings, pending salesRead more

Brian Bandell | South Florida Business Journal | “O.J. Simpson didn’t fare as well in front of Miami-Dade Circuit Court Judge Gisela Cardonne Ely as he did before Judge Lance Ito, as the former judge sent his Kendall home to foreclosure auction. The football legend, currently in a Nevada prison after a robbery and kidnapping conviction, lost an $892,283 foreclosure judgmentRead more

By Christine DeGangi | AOL Real Estate | “Maryland’s foreclosure starts in July increased 275 percent from last year, according to RealtyTrac’s July 2013 U.S. Foreclosure Market Report. Overall Maryland foreclosure activity — including default notices, scheduled auctions and bank repossessions — saw a 148 percent increase since July 2012 with one in every 598 housing units inRead more