Events Calendar

Current Weather

Manatee Road Watch


Right Column CR 2 Banner Ad Bills Discount Center - New & used Furnature, Appliances and More!

The Bradenton Times Polls

Poll Question: Who are you supporting in November's Manatee County Commission race?

 Carol Whitmore  Terri Wonder More polls »

The Robyn Report with Robyn Davis Sean Tampa Bay yacht Management

Change Text Size: Larger  Smaller

News Section: Business and Financial



Florida Leads U.S. in Vacant Foreclosures

Published Friday, June 28, 2013 12:05 am

BRADENTON – The sunshine state has more vacant homes in foreclosure than any other state in the nation – and no one else is even close. With more than 55,000 homes in foreclosure sitting vacant, Florida has more than the next five states combined, according to a report released last week by industry data-tracking company RealtyTrac.

clientuploads/Stock Images/Vacant_Home-1.jpg

According to the report, Florida holds a full third of all vacant foreclosed homes in the country. On the list, Florida is followed by Illinois, California, Ohio, New York and New Jersey.

While home sales and average prices have seen modest gains, much of the "good news" includes sales by hedge funds and other investment groups that have been buying and selling homes in the state, with some properties changing hands several times, without an owner or renter taking occupancy.

The vacant foreclosed homes are seen as a gauge on the overall health of the state's real estate market, as high numbers of vacant foreclosures tend to have a negative effect on regular, owner occupied homes in terms of property values and ability to sell.

 

related:

clientuploads/Dennis/Dennis_85.jpg

About That Economic Recovery ...

Published Sunday, June 9, 2013 12:10 am

Join the conversation post Facebook comments here or on our site at the bottom of article.

 

  In Addition to Facebook Comments You Can Also Post Comments Below



Non-Facebook Comments:

Click here to add a Non-Facebook comment to this page




 Sign up for our free news subscription - a great way to stay informed!



News World Round UpSports Roundup

Manatee Rural Health Certificate
 

MidTown Manatee - Shop here - Work here - Play Here - Live Here - Worship Here - Dine Here

Obituaries

Name Date
David Rojas October 24, 2014
Monique Staves October 27, 2014
Patricia Gandley October 28, 2014
John Dean October 26, 2014
Viola Heckendorn October 25, 2014
Dennis Sabo October 25, 2014
Donald Smith October 25, 2014
James Powers October 22, 2004
Daniel Siglin October 21, 2014
All Obituaries






Copyright © 2009 - 2014 | The Bradenton Times | More than just an Online Newspaper | http://www.thebradentontimes.com/
405 26 Avenue Bradenton, FL 34205
Phone: 941-896-7857 - Privacy Policy - RSS Feed
Template provided by Free CSS Templates