Tag Archives: Florida

For the 11th consecutive month, Florida owned the highest foreclosure rate in the nation, according to RealtyTrac's monthly U.S. Foreclosure Market Report for August 2014 released Thursday.

Not only is eRecording faster, NTC says, but it also provides a safer, more reliable way to process documents, minimizing risk of losing documents in transit and cutting down on the time and effort it takes to find public records. Though eRecording is catching on in most states, a few have been more receptive than most—including Colorado and Nevada, where 90 percent or more of NTC documents have been recorded electronically.

The unemployment rate in Florida for July remained unchanged from the previous month at 6.2 percent despite losing 1,600 jobs from the payrolls, according to a report recently released by the Wells Fargo Securities Economics Group.

The Florida-based nonprofit network NeighborWorks announced the establishment of a new partnership between all 10 of its members. The new group will be a collective effort to increase housing opportunities throughout the state of Florida.

The Bureau of Economic Research at the University of Florida announced that the consumer sentiment index for the state’s residents rose another two points to 84, hitting a post recession high.

A mayor in the Miami area has been suspended by Florida Gov. Rick Scott following a federal indictment alleging mortgage fraud. According to a report from the Miami Herald, North Miami Mayor Lucie Tondreau was suspended Tuesday after appearing in court to face charges related to her role in an $8 million fraud scheme.

The Wells Fargo Economics Group released a recent report outlining consumer confidence in the Sunshine State. The data from April suggests consumer sentiment slipped in Florida one point to 79 for the month, largely due to increased concerns about current economic conditions.

Florida's housing market experienced higher median prices, more new listings, and fewer days on the market in February, according to the latest housing data released by Florida Realtors. A stable inventory helped close sales reach a statewide total of 15,826, a 1.5 percent increase of the previous year.