Signs Of The Time, Part 8

Prior to today’s Easter activities, I happened to read the Chicago Tribune real estate column by Mary Umberger. Ms. Umberger had this to say regarding Florida’s battered housing market:

Real-estate ravaged Florida has one of the highest foreclosure rates in the country.

This month, the civil court system in St. Lucie County announced it would set up a night shift to handle the avalanche of foreclosure filings there.

night-shift.jpg

Photo by Gözde Otman, stock.xchng

Historically, the county averaged 40 to 45 filings a month, according to media reports there. However, filings jumped to 815 in February, so the court clerks in Ft. Pierce now will be on hand until 9 p.m. four nights a week.

Source:

“2 states want to air their clean laundry”
Mary Umberger
Chicago Tribune, March 23, 2008

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