The News from Coldwell Banker Ackley...

Brevard Bumps Orlando from No. 1 Foreclosure Spot

Good News for the Local Market!
Posted by David Lopez, CBR on June 12, 2014 in  2014  Bank Owned  Coldwell Banker Ackley Realty  Foreclosure  Market Trends  Orlando  Orlando Sentinel  REO
By Mary Shanklin, Orlando Sentinel 7:16 p.m. EDT, June 10, 2014 Brevard County pushed Metro Orlando out of the nation's top spot for the number of foreclosure actions during May, a new report shows. Still recovering from the loss of space shuttle-related employment, Brevard had 891 foreclosure actions filed during May — an increase of one-third from a year earlier and one-fourth from just a month earlier. One of every 303 houses in Brevard received a foreclosure notice during May, according to the repor... read more
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Fannie, Freddie and FHA Shrinking REO Inventories

Another Indicator of Improving Market!
Posted by David Lopez, CBR on May 14, 2013 in  2013  Bank Owned  Fannie Mae  Foreclosure  Home Sales  Inman News  Market Trends  Real Estate
Fannie, Freddie and FHA shrinking REO inventories May 13, 2013   Fannie Mae, Freddie Mac and FHA had 189,529 homes in their real estate owned (REO) inventories at the end of March — a 9 percent drop from a year ago and a decline of nearly 36 percent from the 2010 peak,  financial blogger Bill McBride reports. Other institutions — portfolio lenders and loan servicers who collect payments on “private-label” mortgage-backed securities (MBS) — also have stockpiles of REOs, but those inventories ... read more
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CBAR Forclosure, Short Sale & REO Opportunities!

Your Resource for Central Florida.
Posted by David Lopez, CBR on February 05, 2013 in  Bank Owned  Foreclosure  Rajia Ackley  Real Estate  REO  Video




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