Holy Cow!  We just can not seem to get a break…Bloomberg just reported that Foreclosures are up 44%  for a record in May.  Florida is traling a close 2nd place in the Foreclosure race.  Read the entire article here!   The numbers in this report will shock you! or maybe not….

I reccomend we listen to what Meridith Whitney has to say about housing. For the last 3 years she has been spot on when it came to  predicting what will happen next with the overall  housing market. She is calling for a double dip in housing. In other words, the markets have only temporarily slowed [...]

This is a great article about the new trend in our underwater real estate market here in Brevard County and around the nation. It’s about hard working, honest Americans making the financial decision to walk away from their upside down homes even though they can afford to pay the mortgage!   They are basically throwing in [...]

This video will give you a good idea of what is around the corner in the real estate industry…Short Sales, Strategic Defaults, No GSE’s, Higher Interest Rates….watch and learn.