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Blog by Benito Realty Group

83 Properties Per Day Were Seized by Lenders in South Florida During 2009

January 30th, 2010

"According to a new report from Condo Vultures, a Bal Harbour Florida based real estate consultancy firm, more than 30,000 properties in the tricounty South Florida region were repossessed through foreclosure in 2009, representing a 16 percent year-over-year increase compared to 2008 when 26,000 properties were taken back by lenders."

"Lenders repossessed an average of 83 properties per day ...

Mortgage Foreclosure Filing Statistics

January 12th, 2010

For those interested in seeing the statistics of mortgage foreclosures since 2002, here is a good link: click here

Miami foreclosure auctions shift from courthouse steps to Web

January 11th, 2010

"In a move that could speed the sale of massive numbers of distressed properties on the market, Miami-Dade County officially launched online bidding for foreclosures Monday, bringing together bidders from across the globe and launching hopes of an accelerated return to normalcy in the real estate industry."

To continue reading, click here. Benito Realty Group uses the latest online syste ...