Friday, October 2, 2009

Miami Real Estate, Florida Foreclosures

Miami Real Estate Recovery Upset by Hail of Foreclosures

A new report claims that the Miami real estate market as well as the rest of the US will deteriorate as a delayed pipeline of foreclosed loans begins to liquidate.

Analysis also indicates that the government’s Administration’s Making Home Affordable Modification Program (HAMP) will have no long-term effect on keeping delinquent loans current.

It says that signs of stabilization in the Miami real estate market that are being acknowledge as a recovery may soon diminish as the inventory of foreclosures waits to enter the market.

Full Article...Miami Real Estate, Florida Foreclosures

No comments: