Jacksonville Real Estate & Homes  
 
 
 
 
Jacksonville ARTICLES

Home Foreclosures on the Rise
Author: Lucas Jones
Source: Homes Discovered
Date: January 25, 2007
The number of home foreclosures in the United States rose a staggering 42% in 2006 as homeowners are becoming more and more overextended with mortgage debt.

This jump of foreclosures in Jacksonville and Orange Park signals a return to normalcy in the housing market as it continues to cool after blistering, multi year highs of sales and appreciation.  The majority of the people feeling the effects of this foreclosure jump are those who chose to buy using creative mortgages, thinking that the home appreciation would continue on the record pace.
Go back

 
Testimonials
 
Take the headaches out of moving with our moving guide.
Jacksonville Moving Guide
 
Looking for Jacksonville homes? Prequalify before you buy.
Prequalify for a Mortgage in Jacksonville
 
Maxville
Take our Maxville Tour!
Jacksonville City Tour