Banks Delay Foreclosures and Pray Property Values Increase

The financial system remains painfully and deeply unsettled, a reality which impacts home prices and foreclosure practices nationwide the financial system remains painfully and deeply unsettled, a reality which impacts home prices and foreclosure practices nationwide.   Mortgage Relief Almost 435,000 homes have been saved from foreclosure under the government’s Making Home Affordable program. This [...]

Foreclosure activity up across most U.S. metro areas

Almost everyday is a new story on the foreclosure crisis…..As I know, so will my clients! The foreclosure crisis intensified across a majority of large U.S. metropolitan areas this summer, with Chicago and Seattle – cities outside of the states that have shouldered the worst of the housing downturn – seeing a sharp increase in [...]

The Latest Florida Foreclosure News

In the past two weeks, GMAC Home Mortgage (a unit of Ally Financial), JPMorgan Chase and Bank of America have taken the unusual step of suspending tens of thousands of foreclosures in the 23 U.S. states that handle foreclosures through the court system, including New York, Florida, Illinois, New Jersey and Connecticut, pending a review [...]

Naples Market Trends Over the Past Month

  No. Bedrooms Week ending Oct 20 w-o-w Week ending Oct 13 Week ending Oct 6 Week ending Sep 29 1 bedroom $158,318 +0.8% $156,987 $159,095 $178,402 2 bedrooms $296,350 +0.5% $295,021 $290,732 $293,703 3 bedrooms $549,600 +0.1% $549,308 $549,859 $571,905 4 bedrooms $1,402,669 +0.8% $1,392,159 $1,401,192 $1,424,623 All properties $657,662 +1.2% $649,579 $650,389   [...]

Nation’s Foreclosure Mess Takes Toll on Process Servers

As news comes in on the foreclosure crisis I am trying to keep my clients abreast of the latest information as I hear it.  If you have any additional questions please give me a call 239-596-1181.   DJSP Enterprises Inc., one of the largest provider of processing services for the mortgage and real estate industries [...]

Warehouse Market Sees Gains As Absorption Increases, Vacancies Improve

Add another commercial property type that is now on the path to recovery. The U.S. warehouse market joined the office market in clear recovery mode after logging another quarter of positive absorption and improving conditions as the national industrial vacancy rate edged down slightly for a second consecutive quarter. Similar to its office market counterpart, [...]

So You Bought a Foreclosed Home….Now What?

It seemed too good to be true: You bought a house in foreclosure at a fraction of the former price. Maybe you even knocked out a wall or two and remodeled with all the money you saved. But now thousands of foreclosures around the country may be invalid because of bank paperwork problems. Should you [...]

3rd Quarter Statistics Foreclosure Activity

 RealtyTrac® , released its U.S. Foreclosure Market Report™ for the third quarter of 2010, which shows that foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 930,437 properties in the third quarter, a nearly 4 percent increase from the previous quarter but a 1 percent decrease from the third quarter of [...]

Will Stigmatized Foreclosures Stall The Recovery?

The freeze is on. A number of major lenders have halted foreclosures in almost two dozen states because thousands of sworn affidavits could be false. “If you’re facing foreclosure the freeze is good news — at least until the inevitable thaw,” says James J. Saccacio, chief executive officer of RealtyTrac. “But a freeze is a [...]

  Bartley Realty Services is proud to announce the availability of a 1,178 square foot office space unit number 205 in the Napoli Center located at the corner of I 75 and Immokalee Road in the Strand.   The office suite features three private offices, a large conference room, reception area and private bath. The [...]