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Unoccupied Homes

Through our Master Money Mentor Program, we have another connection to University of Florida Resources.

 

Read this article by one of the University Coordinators on unoccupied homes.

 

The “Rise of Ownerless Homes”

Florida’s 2011 foreclosure rate for mortgaged loans are not only the highest in the country but it is twice that of New Jersey, which is second. Home prices have dropped 49% (3rd most in the U.S.), unemployment is 9.9% (one of the highest) and the mortgage delinquency rate is 17.4% – the highest in the nation. (FLHardestHitHelp.com Fact Sheet)…

 

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