Foreclosure Defense Florida

Foreclosure Filings Are Increasing…..Thanks, Banks….But Unemployment Is The Real Story

News flash people…..foreclosures are only going to get worse as long as state and federal “leaders” continue to dither around about unemployment…and they ain’t doing nothing to rebuild our gutted out economy.   Sorry Tricky Rick Scott 10 McDonald’s jobs do not equal the one engineering job at NASA…..

Court records show that the 10 largest lenders in Sarasota and Manatee counties filed 591 early-stage, or lis pendens, actions in October “” a 32 percent increase from the 447 filed in September.

Sarasota Tribune

And the Top Ten Markets where foreclosures are skyrocketing……

Foreclosures have increased 14% between the second and third quarter of 2011, following five straight quarters where the number of foreclosures has gone down. This increase could dampen the recovery of the American housing market and harm economic recovery for cities where foreclosures rose significantly. Based on data recently released by RealtyTrac,  24/7 Wall St. has identified the 10 metropolitan regions where foreclosures increased by more than 30%.

 

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