Tuesday, September 17, 2013
Friday, September 13, 2013
Florida Foreclosures drop 54% from last year.
IRVINE, Calif. – Sept. 12, 2013 – Florida foreclosures dropped dramatically in RealtyTrac’s latest report for August. Overall foreclosure activity dropped 43 percent, and foreclosure starts – homes that received a first notice – dropped 54 percent year-to-year.
Nationally, RealtyTrac reports that national foreclosure filings – default notices, scheduled auctions and bank repossessions – decreased 2 percent from the previous month and 34 percent year-to-year, the 35th consecutive month where foreclosure activity has decreased on an annual basis. One in every 1,019 U.S. housing units had some kind of foreclosure filing activity during the month.
Some experts say the Florida drop relates, at least in part, to a bill passed during the 2013 session of the Florida Legislature to ease the court burden of foreclosures in the state. St. Petersburg foreclosure attorney Matthew Weidner tells the Tampa Tribune that mortgage servicers and banks now have more trouble proving that they own a mortgage, which the legislation requires.
That could mean lenders are doing more prep work before filing foreclosure paperwork, which would impact the foreclosure numbers. However, RealtyTrac Vice President Daren Blomquist says it’s too early to know the impact of Florida’s new foreclosure law.
In addition, Florida is not the only state to see a dramatic drop in foreclosure numbers.
From Florida Realtors newsletter.
Nationally, RealtyTrac reports that national foreclosure filings – default notices, scheduled auctions and bank repossessions – decreased 2 percent from the previous month and 34 percent year-to-year, the 35th consecutive month where foreclosure activity has decreased on an annual basis. One in every 1,019 U.S. housing units had some kind of foreclosure filing activity during the month.
Some experts say the Florida drop relates, at least in part, to a bill passed during the 2013 session of the Florida Legislature to ease the court burden of foreclosures in the state. St. Petersburg foreclosure attorney Matthew Weidner tells the Tampa Tribune that mortgage servicers and banks now have more trouble proving that they own a mortgage, which the legislation requires.
That could mean lenders are doing more prep work before filing foreclosure paperwork, which would impact the foreclosure numbers. However, RealtyTrac Vice President Daren Blomquist says it’s too early to know the impact of Florida’s new foreclosure law.
In addition, Florida is not the only state to see a dramatic drop in foreclosure numbers.
From Florida Realtors newsletter.
Monday, September 9, 2013
Tuesday, September 3, 2013
Pirate ship or Cattle Barge?
Last May, David Carr was puttering along the mangroves across from Rumrunners in Cape Coral, when he saw something strange in the ochre shallows: rows of seaweed growing in straight lines. Looking closer, Carr noticed the plants were growing from what looked like a ship’s ribs; when he hauled up the anchor, a tarred plank came up with it.
Carr, 46, was convinced he’d discovered a British pirate ship, captured and scuttled by the U.S. Navy at the end of the Civil War. Never mind that last month, a team of state archaeologists concluded it’s a barge that once hauled cattle across the Caloosahatchee; Carr disagrees. He’s certain he found historic treasure.Whatever it is it's certainly old and a piece of local history.
Here is the Fort Myers News press link to the full article:
http://www.news-press.com/article/20130903/NEWS0101/309030012/Is-Cape-Coral-wreck-sunken-treasure-merely-barge-
Wink News link:
http://www.winknews.com/Local-Florida/2013-07-30/Sunken-pirate-ship-discovery-a-treasure-for-Cape-Coral#.UiXr3RTD_Vg
Subscribe to:
Posts (Atom)