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
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Tags: Area Info · Market Trends · North Central Florida Real Estate · Real Estate
September 29th, 2011 · No Comments
There were 1,254 Alachua County and Gainesville FL foreclosure homes in August 2011 according to RealtyTrac.com. The average foreclosure sales price was $115,027 compared to an average sales price of $154,414, a $39,386 savings. 1 in every 921 housing units received a foreclosure filing in August.
Alachua County & Gainesville FL Foreclosure Activity and Home Price Index
Home price appreciation remained was 0.0% in August and the number of new foreclosures totaled 126.
Alachua County foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or repossession notice – each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.
Alachua County & Gainesville FL Foreclosure Geographical Comparison
Alachua County and Gainesville FL foreclosures were 0.07% below national statistics and 0.18% below state figures in August 2011.
Alachua County & Gainesville FL Foreclosure Activity by Month
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Tags: Market Trends · North Central Florida Real Estate · Real Estate
There were 1,335 Alachua County and Gainesville FL foreclosure homes in July 2011 according to RealtyTrac.com. The average foreclosure sales price was $119,635 compared to an average sales price of $160,226, a $40,592 savings. 1 in every 586 housing units received a foreclosure filing in July.
Alachua County & Gainesville FL Foreclosure Activity and Home Price Index
Home price appreciation remained was 0.0% in April and the number of new foreclosures totaled 198.
Alachua County foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or repossession notice – each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.
Alachua County & Gainesville FL Foreclosure Geographical Comparison
Alachua County and Gainesville FL foreclosures were 0.01% above national statistics and 0.18% below state figures in July 2011.
Alachua County & Gainesville FL Foreclosure Activity by Month
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Tags: Area Info · Market Trends · North Central Florida Real Estate · Real Estate
There were 1,368 Alachua County and Gainesville FL foreclosure homes in June 2011 according to RealtyTrac.com. The average foreclosure sales price was $101,294 compared to an average sales price of $173,427, a $72,133 savings. 1 in every 706 housing units received a foreclosure filing in June.
Alachua County & Gainesville FL Foreclosure Activity and Home Price Index
Home price appreciation remained was 0.0% in April and the number of new foreclosures totaled 164.
Alachua County foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or repossession notice – each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.
Alachua County & Gainesville FL Foreclosure Geographical Comparison
Alachua County and Gainesville FL foreclosures were 0.03% below national statistics and 0.13% below state figures in June 2011.
Alachua County & Gainesville FL Foreclosure Activity by Month
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Tags: Market Trends · North Central Florida Real Estate · Real Estate
There were 1,371 Alachua County and Gainesville FL foreclosure homes in May 2011 , according to RealtyTrac.com. The average foreclosure sales price was $89,233 compared to an average sales price of $164,060, a $74,828 savings. 1 in every 1,125 housing units received a foreclosure filing in May.
Alachua County and Gainesville FL Foreclosure Activity and 30-Year Interest Rate
The interest rate on a 30 year mortgage was 4.64% in May and there were 103 new foreclosures.
Alachua County and Gainesville FL 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 and Gainesville FL Foreclosure Geographical Comparison
Gainesville FL foreclosures were 0.08% below national statistics and 0.13% below state figures in May 2011.
Alachua County and Gainesville FL Foreclosure Activity by Month
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Tags: Market Trends · North Central Florida Real Estate · Real Estate
If after exploring all other alternatives such as federal assistance programs, loan counseling and/or modifications, or a short sale, you are still faced with foreclosure, you need to be familiar with that process and what it means for you. The procedure varies from state to state, and your first step is to be aware of the regulations regarding your Gainesville FL home.
There are three types of foreclosures used by individual states, judicial, power of sale, and strict foreclosure.
1. Judicial is allowed in all states. After the lender files with the judicial system, you will receive a notice for payment. After 30 days with no response from you, the property is sold at an auction conducted by the court.
2. Power of sale, also known as statutory foreclosure, is allowed in many states if your mortgage contains a “power of sale” clause. In this case, the mortgage company, after sending out the required notices and waiting for an established period of time, carries out the auction of your Gainesville FL home.
3. Strict foreclosure is allowed in some states and provides for the property, again after the required notices and time period, to revert directly to the lender. No auction is involved. Usually this type of foreclosure occurs only when the amount of the debt exceeds the value of the property.
If you cannot meet your mortgage obligations, the lender must notify you in writing as it proceeds with each step of the foreclosure process, designed as follows:
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Tags: Money matters · North Central Florida Real Estate · Real Estate
There were 1,435 Alachua County and Gainesville FL foreclosure homes in <arch 2011 with 106 new foreclosures, according to RealtyTrac.com. The average foreclosure sales price was $106,038 compared to an average sales price of $134,446, a $24,408 savings. 1 in every 1,093 housing units received a foreclosure filing in March.
Alachua County & Gainesville FL Foreclosure Activity and Home Price Index
Home price appreciation remained was 0.0% in March and the number of new foreclosures totaled 106.
Alachua County foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or repossession notice – each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.
Alachua County & Gainesville FL Foreclosure Geographical Comparison
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Tags: Market Trends · North Central Florida Real Estate · Real Estate
There were 1,274 Alachua County and Gainesville FL foreclosure homes in July with 225 new foreclosures, according to RealtyTrac.com. The average foreclosure sales price was $135,780 compared to an average sales price of $179,881, a $44,101 savings. 1 in every 504 housing units received a foreclosure filing in July 2010.
Alachua County & Gainesville FL Foreclosure Activity and Home Price Index
Home price appreciation remained was 0.0% in July and the number of new foreclosures totaled 225.
Alachua County foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or repossession notice – each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.
Alachua County & Gainesville FL Foreclosure Geographical Comparison
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Tags: Market Trends · North Central Florida Real Estate · Real Estate
There were 1,445 Alachua County and Gainesville FL foreclosure homes in April with 151 new foreclosures, according to RealtyTrac.com. The average foreclosure sales price was $140,117 compared to an average sales price of $183,712, a $43,596 savings. 1 in every 732 housing units received a foreclosure filing in March 2010.
Alachua County & Gainesville FL Foreclosure Activity and Home Price Index
Home price appreciation remained was 0.0% in April and the number of new foreclosures totaled 151.
Alachua County foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or repossession notice – each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.
Alachua County & Gainesville FL Foreclosure Geographical Comparison
Alachua County foreclosures were 0.13% below national statistics and 0.42% below state figures in April.
Alachua County & Gainesville FL Foreclosure Activity by Month
The number of Bank-owned properties increased from 69 properties in March to 14 properties in April. The number of Auctions dropped from 75 to 37 while Pre-foreclosure activity dropped from 164 to 100.
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.
Tags: Market Trends · North Central Florida Real Estate · Real Estate
April 16th, 2010 · 1 Comment
There were 1,527 Alachua County and Gainesville FL foreclosure homes in March with 308 new foreclosures, according to RealtyTrac.com. The average foreclosure sales price was $151,768compared to an average sales price of $163,742, a $11,704 savings. 1 in every 371 housing units received a foreclosure filing in March 2010.
Alachua County & Gainesville FL Foreclosure Activity and Home Price Index
Home price appreciation remained was 0.0% in March and the number of new foreclosures totaled 308.
Alachua County foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or repossession notice – each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.
Alachua County & Gainesville FL Foreclosure Geographical Comparison
Alachua County foreclosures are 0.01% below national statistics and 0.40% below state figures.
Alachua County & Gainesville FL Foreclosure Activity by Month
The number of Bank-owned properties increased from 40 properties in February to 69 properties in March. The number of Auctions dropped from 108 to 75 while Pre-foreclosure activity dropped from 177 to 164.
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.
Tags: Market Trends · North Central Florida Real Estate · Real Estate
