South Florida's residential sector has surged thanks to a dwindling supply of available homes and aggressive price appreciation. But new foreclosure activity is on the way as cases held up by the 2010 robo-signing scandal finally move forward.
June 24, 2013 at 12:00 AM
1 minute read
As Broward County’s property appraiser and a Davie homeowner, Lori Parrish can gauge the impact of foreclosures on Broward property values in multiple ways.
On a broader level, foreclosures are not slowing down the real estate recovery in Parrish’s county. She reported a 4.4 percent countywide taxable value increase to $132 billion, up from about $126 billion. Official values are to be released July 1.
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