That Rising Real Estate Recovery- Not So Fast

In South Florida 1/4 of home and condo sales are still considered distressed properties. The number at 27% while still lower than 32 in 2014 or 34 in 2013 is still a big number. Normal range is 5 to 10% so the distressed marker is still alive and well. Although it is true there are fewer homeowners going into foreclosure, the backlog is still very much in effect. There is ample opportunity to purchase real estate at a discount. Now is the time to be looking and buying.