search

The Real Deal Logo

Trending

Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421a“Investing before the ‘all clear’ sign”: Jon Gray on Blackstone’s $10B apartment deal“Investing before the ‘all clear’ sign”: Jon Gray on Blackstone’s $10B apartment dealH-E-B snags 21 acres in Celina, hinting at development boomH-E-B snags 21 acres in Celina, hinting at development boomVornado nabs $34M deal at 220 Central Park SouthVornado nabs $34M deal at 220 Central Park South
South Florida

South Florida foreclosures could double this year

Sign Up for the undefined Newsletter

South Florida foreclosure filings could increase up to 100 percent in 2009, depending on what action the federal government takes, said Jack McCabe, CEO of McCabe Research & Consulting in Deerfield Beach. McCabe said there could be 100,000 to 150,000 foreclosure filings in South Florida during 2009, because many existing mortgages are slated to reset their rates and payment options.