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Steven Perlberg |   “Real estate investors are getting back in the flipping game, netting an average gross profit of nearly $20,000 on single family home flips in the first half of 2013. Home flips are up 19% from a year ago and 74% from the first half of 2011,according to a new report from Realtytrac .Read more

Shanthi Bharatwaj | NuWire | “A total of 127,790 properties had foreclosure filings in June, down 14% from the previous month and down 35% from a year ago, reaching their lowest level since December 2006, according to a report released by RealtyTrac. In the first half of 2013, a total of 801,359 properties had a foreclosureRead more

Josh Salman | Herald Tribune | “Courts across Florida are chipping away at massive foreclosure backlogs, and while that pace may accelerate thanks to a new law aimed at further expediting the process, choked court systems remain a reality throughout the state. In the 12th Judicial Circuit, which includes Sarasota, Manatee and DeSoto counties, more thanRead more

  Jose Lambiet | “According to court records, the digs on SW 112th Street in the Westwood Lake area of Miami are also owned by Sierra’s mother, Lucero, and will be sold to the highest bidder Aug. 27. Karent Sierra’s house, at 5750 SW 112 Avenue, is to be sold to the highest bidder after the foreclosure (Zillow.com) TheRead more

  Article By: Cory W. Eichhorn Michele L. Stocker “According to the Florida House of Representatives, the State of Florida has been negatively impacted by the national foreclosure crisis, and, as a result, Governor Rick Scott and the Florida Legislature want to minimize the impact upon the judicial branch both in terms of funding andRead more

CBS Miami | (Photo by Al Messerschmidt/Getty Images) “FORT LAUDERDALE (AP) — Former Miami Dolphins quarterback Daunte Culpepper has lost one of his South Florida homes he owned to a bank in a foreclosure case. Broward County court records show the 9,867-square-foot home was surrendered in April to SunTrust Bank in lieu of foreclosure. TheRead more

Florida Current Staff | “Florida once again led the nation in its foreclosure rate for the first six months the year, according to a report released Thursday by RealtyTrac, a California-based company that tracks foreclosed properties. The Sunshine State had one foreclosure filing — a default notice, scheduled auction or bank repossession — for every 58Read more

ILYCE GLINK / MONEYWATCH / “Starting this month, some lenders are offering certain homeowners loan modifications — without even being asked. Under a new plan created by the Federal Housing and Finance Administration, mortgage servicers must offer homeowners who are three to 24 months behind on their payments a plan to help them avoid foreclosure. The StreamlinedRead more

Orlando Sentinel | “Rarely does U.S. Rep. Corrine Brown feud with the White House — the veteran Florida lawmaker is a loyal Democrat, after all. But plans by the administration to shutter a pair of housing offices in Orlando and Tampa as soon as this fall has stirred Brown into mounting an intense, and occasionally bitter, campaign to keepRead more

Josh Salman | Herald Tribune | “Lenders completed fewer foreclosures nationwide in May, but the rate of defaults continue to top recent years and the amount of distressed residences remains dangerously high, a new report shows. Mortgage bankers repossessed 52,000 delinquent U.S. homes in May, a 3.5 percent increase from April but down 27 percent fromRead more