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Paul Owers | Sun Sentinel | “Just 10 days before Christmas 2009, Ganel Appolon found an envelope taped to his front door. He and his family were being evicted from their Tamarac home. Appolon had fallen behind on his mortgage payments, and the lender repossessed the property under terms of his bankruptcy filing. Despite the financial setback, Appolon vowedRead more

News Release: Florida Senate | WCTV | “Today SB 542 by Senator Jeff Brandes (R-St. Petersburg) passed the Senate Committee on Appropriations with strong unanimous support. The bill lays the framework for a private flood insurance marketplace in Florida in response to rate increases from the National Flood Insurance Program. “Florida families are facing foreclosureRead more

MortgageOrb.com | “The end of 2013 showed broad improvements in delinquency and foreclosure rates, dropping to their lowest levels in six years, reports the Mortgage Bankers Association (MBA) in its Q4 2013 National Delinquency Survey. The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 6.39% of all loans outstandingRead more

Jane Meinhardt | Tampa Bay Business Journal | “The Tony Cheval Golf & Country Club in Lutz is seeking Chapter 11 bankruptcy reorganization. The popular 18-hole golf course golf course property was in foreclosure proceedings when the bankruptcy petition was filed Feb. 6, court records show. The property includes the golf course, practice facility, clubhouse,Read more

Drew Harwell | Tampa Bay Times | “Tampa Bay saw 20 percent fewer foreclosure filings last month than in January 2013, a sign that lingering distress from the housing crash continues to slowly fade from view, RealtyTrac data released today show. But the good news ends there. Tampa Bay posted the seventh-highest foreclosure rate inRead more

Rich Shopes | Tampa Bay Times | “The county’s community development office on Tuesday rolled out a new interest-free loan program aimed at helping low-income seniors burdened by big tax bills. The program, which is intended to curb foreclosures from delinquent taxes, is funded by a $300,000 state housing grant. It’s aimed at low-income folksRead more

Michael Sasso | The Tampa Tribune | “The median sale price of an existing home in the Tampa Bay area rose by 16.2 percent in December when compared with a year earlier, new figures from Florida Realtors show. Last month, the median sale price of a single-family home in the Tampa-St. Petersburg-Clearwater metropolitan area was $158,000.Read more

 Michael Sasso | Tampa Tribune | “It’s getting harder to find homes to flip for a profit in the Tampa Bay area as big rental home companies crowd out traditional flippers, according to new data from real estate and foreclosure marketplace RealtyTrac. Irvine, Calif.-based Realty­Trac researches millions of real estate sales across the country and estimates how manyRead more

Francys Vallecillo | World Property Channel | “The total number of completed foreclosures in the U.S. dropped 24 percent in 2013, compared to 2012, according to the latest report from CoreLogic. There were 620,111 homes lost to foreclosure nationwide in 2013, compared to a total of 820,498 homes in 2012. Foreclosure numbers have been droppingRead more

Eric Snider | Tampa Bay Business Journal | “We’re not out of this foreclosure/short sale mess yet. More than a quarter of homes sales in December in 10 of the country’s largest metro areas were processed as either foreclosures or short sales, a new report says. Tampa ranked fourth, with such transactions making up 30.1 percent ofRead more