Gainesville FL Real Estate Blog

There were 1,154 Alachua County and Gainesville FL foreclosure homes in December, 2011 according to RealtyTrac.com. The average foreclosure sales price was $92,111 compared to an average sales price of $139,836, a $47,725 savings. 1 in every 626 housing units received a foreclosure filing in December.

Alachua County & Gainesville FL Foreclosure Foreclosure Activity and 30 Year Interest Rate

Gainesville interest rates averaged 3.96% in December while the number of foreclosed homes dropped from 195 in November to 185 in December.

Alachua County foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year fixed rate from Freddie Mac Primary Mortgage Market Survey.

Alachua County & Gainesville FL Foreclosure Geographical Comparison

The number of Alachua County and Gainesville FL foreclosures were equal to national statistics and 0.12% below state figures in December.

Alachua County & Gainesville FL Foreclosure Activity by Month

The number of  Bank-owned properties increased from 48 in November to 68 in December. The number of Auctions dropped from 40  to 34 while Pre-foreclosure activity dropped from 107 to 83. There is a 6 month rising trend.

Are you or someone you know behind on your mortgage payments and facing a Gainesville FL foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a Certified Distressed Property Expert (CDPE). Give me a call for a private consultation.

Linda Luetjen assists buyers looking for Gainesville FL real estate for sale and aggressively markets Gainesville FL homes for sale.

She understands the purchase of any Gainesville FL home represents not only one of the largest and most significant investment a person can make, but also a decision that affects the entire life of a family. It should be handled with all the care and attention such a significant transaction deserves. You may rest assured that Linda never forgets this. Her reputation depends on your satisfaction.

For more information about buying or selling your Gainesville FL home, please call Linda toll free at 888-424-8841 or via email with our convenient contact form.

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