Market updates will start appearing in this spot as this site evolves. A definite trend has emerged since Black Wednesday May 27. Mortgage rates have increased causing refinance activity to drop upwards of 30%. The fallout is a slowing of the recovery momentum in the national market, and a jolt to the Florida market. Short sale and foreclosure sales continue to dominate. Home sellers that were not a part of the mortgage meltdown are faced with selling their homes at prices at or below the distress level offerings. For more specific information, call or text 386-562-2651.
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