Shadow Inventory

Shadow inventory of houses and condos in the foreclosure pipeline and located in South Florida.

Palm Beach market update

Today we will take a look at the Palm beach, Florida residential market with charts of average sale prices, transaction volume, inventory and distressed properties.  Our first chart shows the average sale prices of houses in South Florida and you will see that Palm Beach led the pack in April with an average selling price […]

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Delinquent mortgages loans are still a problem the South Florida residential market

Delinquent mortgage loans continue to be a problem for the South Florida residential real estate market.  As we move through 2018, it sure looks like mortgage foreclosure filings are picking up steam.  For some reason local agents fail to mention the amount of distressed properties that continue to plague the South Florida market.  They like […]

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Mortgage foreclosure filings in South Florida

As we expected, mortgage foreclosure filings are ramping-up once again.  They were gaining momentum throughout 2017 until Hurricane Irma, when FEMA placed a 90-day hold on foreclosure filings.   That led to the annual “holiday hold”, so it looks like the banks are getting back in inaction.  Many of these cases have been lingering since the […]

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Taking a look at the Fort Lauderdale foreclosure market

It has been awhile since we have provided a foreclosure update with a city by city count of properties.  Today we will run through Broward County.   Our first chart shows how each city stacks up.  Although many of these properties will not make it to the market, there are 5,911 houses and condos in some […]

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Market pulse – South Florida real estate deal volume, inventory, prices & distressed property update

It’s time to check the market pulse in South Florida real estate.  Today we are going to look at a few charts including deal volume, available inventory, median sale prices and a few good snapshots of the distressed property market. Market Pulse – Deal Volume A few months ago were were afraid that deal volume […]

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Mortgage foreclosure activity in South Florida

The trend in South Florida mortgage foreclosure filings so far in 2016 appears to be moving higher.  We have repeatedly discussed how keeping rates too low for too long will eventually have consequences. Real estate prices may have been propped-up temporarily, but the underlying problems in the market remain.  Here are a few charts of […]

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When real estate market sentiment shifts

When real estate market sentiment shifts, you won’t hear a bell ring or sounding of an alarm.  Today we will point out a few trends that are developing, as they may be signaling a shift in the South Florida real estate market. Residential Real Estate Market Transaction Volume For several months now we have been pointing […]

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Mortgage foreclosure filings are on the rise again in South Florida

To quote Yogi Berra:  “It’s like deja vu all over again.”   Monthly foreclosure filings are climbing in South Florida once again.  Years of artificially low interest rates have propelled prices higher, but there is still a large overhang of distressed properties.  Merely reflating real estate prices will not create a sustainable recovery.  Let’s take a […]

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Fort Lauderdale real estate – Up, Down & Sideways

What’s going up, what’s going down and what’s going sideways in the Greater Fort Lauderdale area real estate market ?  We will use a few simple charts to illustrate the current market conditions.  First, what’s going up?   Condo inventory is up to multi-year highs.  During the month of February, the existing inventory of condo properties […]

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Why is real estate transaction volume dropping when mortgage rates are still so low?

How is transaction volume dropping when mortgage rates are so low?  We have been charting the transaction volume throughout South Florida and today we will look at the sale of houses and condo properties in the Greater Fort Lauderdale /  Broward County residential real estate market. Transaction volume in Broward County Our first chart today […]

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    2550 North Federal Highway
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    Fort Lauderdale, FL 33305

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