Current 30yr rates are 7.55%… Demand has shutdown because Banks are not lending. Inventory increasing, Foreclosures increasing, Insurance and Taxes through the roof! FL has become one of the most expensive places to live, Facts…
We have 50-60% cash buyers. Foreclosures in Naples have not increased. You might be looking at a view of the market based on the state , but your local knowledge is off.
@@NaplesAreaRealEstateChannel Florida has the third highest number of foreclosures in the country so far this year, according to a foreclosure activity report from ATTOM, a property and real estate data research firm. The report, which examines the year's first quarter foreclosure activity, shows that there's been a total of 95,712 U.S. properties with a foreclosure filing, up 6% from the previous quarter and up 22% from a year ago. *This data comes from the Herold-Tribune. You can’t say that foreclosures are down in Naples or anywhere else in the state. It’s only going to increase. The insurance is another huge negative..
Current 30yr rates are 7.55%… Demand has shutdown because Banks are not lending. Inventory increasing, Foreclosures increasing, Insurance and Taxes through the roof! FL has become one of the most expensive places to live, Facts…
We have 50-60% cash buyers. Foreclosures in Naples have not increased. You might be looking at a view of the market based on the state , but your local knowledge is off.
@@NaplesAreaRealEstateChannel
Florida has the third highest number of foreclosures in the country so far this year, according to a foreclosure activity report from ATTOM, a property and real estate data research firm.
The report, which examines the year's first quarter foreclosure activity, shows that there's been a total of 95,712 U.S. properties with a foreclosure filing, up 6% from the previous quarter and up 22% from a year ago. *This data comes from the Herold-Tribune. You can’t say that foreclosures are down in Naples or anywhere else in the state. It’s only going to increase. The insurance is another huge negative..