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Tampabay.com Article: “ST. PETERSBURG — This Friday’s foreclosure auction of the much-maligned Mosley Motel has been canceled because its owners have filed for bankruptcy. A nuisance for some of its Historic Kenwood neighbors, the Mosley has racked up more than $40,000 in city fines. Residents had hoped a new owner would improve the property. TheresaRead more

Mamta Badkar | Business Insider | “112,498 U.S. properties received foreclosure filings in February, according to RealtyTrac. This was down 27% from a year ago and was the lowest monthly total since December 2006. In fact, one in every 1,170 U.S. homes received a foreclosure filing in February. But the headline number can be misleading. “Cold weather andRead more

Greg Allen | NPR | “It’s taken several years, but in many parts of the country, home prices are nearly back to where they were at the peak. In places like Florida, where the housing recession hit hard, home prices rose last year by one-fifth or more. A major factor in the price rise is hedgeRead more

The Staff | National Mortgage Professional Magazine | “RealtyTrac released its January 2014 Residential & Foreclosure Sales Report, which shows that institutional investors — defined as entities purchasing at least 10 properties in a calendar year — accounted for 5.2 percent of all U.S. residential property sales in January, down from 7.9 percent in December andRead more

John Hielscher | Herald Tribune | “Florida held the nation’s top spot again in January for both the most completed foreclosures and the highest percentage of distressed properties. A total of 116,000 foreclosures were completed in Florida during the 12-month period ended last month, more than twice as many as any other state, data provider CoreLogicRead more

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

Jennifer Titus | WTSP | “The Bay area has one of the highest foreclosure rates in the county and as a result squatters are popping up all around. With thousands of foreclosed homes in the Bay area, it’s attracting some unwanted visitors in many parts of the city; something Tampa police officers have caught on to.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

Reuters | “There were 51,000 completed foreclosures last month, down from 84,000 in September, 2012. Foreclosures are completed when a home is either seized by the lender or sold at auction. There were also 51,000 foreclosures in August. Between 2000 and 2006 and before the housing market’s downturn in 2007, completed foreclosures averaged 21,000 perRead more