Foreclosure Help | Plantation Florida

Homes and condominiums in some stage of foreclosure accounted for 42 percent of all Broward County sales in the second quarter, a slight increase from a year ago, RealtyTrac Inc. said Thursday. In Palm Beach County, 37 percent of all home and condo sales in April, May and June were in the foreclosure process, up from 25 percent during the same period last year.Nationally, foreclosures accounted for 31 percent of all sales. In 2005, at the height of the housing boom, the share was only about 1 percent.Properties …

According to RealtyTrac, there are 37,384 Foreclosure Homes in Plantation with an a average foreclosure sales price of $121,386. For Broward County, there were 7,393 new foreclosure filings in August.
Sales of single family homes in Broward for August 2010 was 1485 with an average price of $168,000. This number was down on the previous months, when it was 1,850. The average price drop for the month was a thousand dollars.
Who wants to own property in this market? Certainly not if those who have a high mortgage. Many people worry about …