Privacy and Terms and Conditions

By completing and submitting the “Download Form” you will be able to download a brochure and are allowing us to contact you regarding prices of our plots of land for sale.

  •  We will only use your details to contact you regarding our land products.
  •  You information will be stored on our secure servers and will not be passed to any third parties.
  •  If you check the “opt-out” box you will not be emailed in the future with any other promotions, news or information.

 

Click for full details of our privacy policy, terms and condition.



By clicking download I agree to the Terms & Conditions of the site
Welcome to the Fairhomes Land Investor Information website. Please read the information carefully before using this site. By continuing on this site you acknowledge that you have read and agreed to the following: Forward Looking Statements – Statements prepared by Fairhomes Land and made on the Fairhomes Land Investor Information website that are not historical facts are forward looking statements as defined in the Private Securities Litigation Reform Act of 1995. For the purpose of establishing the Seller’s compliance with Federal Interstate Land Sale Full Disclosure Act 15 USC 1701 (“ILSA”) in the sale of lots to buyers, the enquirer confirms that they are a builder, investor or developer licensed to do business in the state of Florida and is engaged in a bona fide land sale business and is purchasing the property for the sole purpose of either constructing a residential home or selling the same in the normal course of its business. The enquirer further represents and warrants to the Seller that the enquirer is in the above referenced business sale of land sales and/or building residential homes and selling the same as an activity of continuity, regularity and permanency. The enquirer is a knowledgeable and sophisticated investor, developer or builder of real estate properties.
Tel: +1 (905) 415-9267 or +350 200 400 48

Foreclosure figures reveal 3% annual decrease in South Florida

2nd Apr, 2013back

384 According to CoreLogic, figures recorded in January have revealed that South Florida's foreclosure rate has decreased by an average of 3% year-on-year.

 

The Miami-Dade County figures lead the way on the road to recovery for the tri-county region.

At 13.79%, which is a 3.79% decrease, Miami-Dade has demonstrated the largest drop in the number of foreclosures. Additionally, according to CoreLogic, delinquent mortgages over 90 days were also down by 4.53%, taking the figure to 20.4%.

 

The Broward area also demonstrated a drop in foreclosure figures; 11.42% of outstanding loans were in foreclosures in January, accounting for a decrease of 2.79% year-on-year. Mortgage delinquency in the middle county of the region stood at 16.78%, accounting for a decrease of 3.29%.

 

Similarly, the Palm Beach area can also boast steadying foreclosure figures at 10.25% as of January, which is a drop of 2.31% compared with last year's figures. Additionally, 14.84% of mortgage loans in the region's northern county were at least 90 days delinquent, representing a drop of 3.14% from the same period last year.

 

With the number of foreclosures and mortgage delinquencies slowly dwindling, developers have been proposing a growing number of plans for condominiums - one area of the property market that saw a number of foreclosures and mortgage delinquencies during the previous real estate cycle.

 

As it stands there are plans for over 120 condo towers with approximately 16,400 units proposed for South Florida, according to market intelligence company Condo Vultures.

 

As signs of South Florida's real estate recovery continue to surface, the latest statistics serve to reaffirm evidence of definitive growth and stabilization across the state. 

Between 1976 and 2006 the value of building plots in Florida rose from an average of $15,000 to $250,000

The Lincoln Institute of Land Policy