Sunday, October 18, 2009
How's Real Estate in Florida? Terrible: 25% of Loans Delinquent!
If you think the real estate market is bad in your area, you could be living in Florida, where twenty five percent of home mortgages are past due or in foreclosure, no thanks to the recession and high unemployment. This makes Florida the worst in the nation in terms of delinquencies.
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2 comments:
I'm from Sydney, Australia where we have been lucky with our Property Markets - however, i think there is serious concern for the Dubai Property Market.. I have covered this story in my new blog..
http://behindthefinance.blogspot.com
its not that bad here but i know florida is one of the place to go :)
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commercial real estate
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