Foreclosures: Housing defaults soar in Palm Beach County

Foreclosures in Palm Beach County were up 63% from January to February.
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Recent market activity update

There are currently 12 homes on the market in Journeys End.

Asking prices range from $264,000 to $450,000.

3 of the 12 are being marketed as short sale...with maybe 4 more that would be short sales if they were listed at market value.

A few of the homes have been on the market only a week or 2...but then you have 3 of them on the market 400+ days, 1 at 500+ days and one OVER 800 days on the market!!
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Under Contract Homes: currently there are 6 homes with a pending contract on them. Asking prices on the six range from $249k to $365k

4 of the 6 are short sales.
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The SOLD properties for the previous 90 days are as follows:

1. Windsor/Lake/Pool - $415,000
2. Windsor/Canal/Pool - $369,000
3. Kensington/Lake/Pool - $345,000
4. Taos - $340,000
5. Biltmore/Lake/Pool - $335,000
6. Santa Fe - $327,500
7. Santa Fe- $325,000
8. Santa Fe/Lake/Pool - $300,000