We've Peaked On Foreclosures ! - NOT !!!

This is the pre-approved house plan that JOE gave us.

This is the pre-approved house plan that JOE gave us. They have some real good plans in their inventory. Lot 100 has less of a pool view, but it has a great gulf view. It has the best gulf views in Watersound West Beach and is for sale for under $300,000. Another builder could probably do real well to build a model home there for next years Parade.

Walton County, Lis Pendens Statistics through December 1, 2008.

We haven't turned the corner yet as October had the highest on record. It's been a long period of steady gains in filings with a big recent spike that may be the sign of the peak.

05-Jan 20 05-Feb 48 05-Mar 19 05-Apr 23 05-May 7 05-Jun 19 05-Jul 12 05-Aug 21 05-Sep 17 05-Oct 25 05-Nov 24 05-Dec 29
06-Jan 20 06-Feb 25 06-Mar 24 06-Apr 20 06-May 19 06-Jun 22 06-Jul 30 06-Aug 37 06-Sep 38 06-Oct 37 06-Nov 40 06-Dec 41
07-Jan 47 07-Feb 61 07-Mar 57 07-Apr 63 07-May 44 07-Jun 48 07-Jul 65 07-Aug 67 07-Sep 83 07-Oct 116 07-Nov 98 07-Dec 105
08-Jan 147 08-Feb 136 08-Mar 189 08-Apr 142 08-May 176 08-Jun 158 08-Jul 177 08-Aug 156 08-Sep 183 08-Oct 189 08-Nov138

AA, I know you've got a bucket truck have you been up in it in WSWB to see if Gulf views are actually possible? It just seems like a stretch considering the distance to the Gulf even from the closest lot.

I found this link for Watersound West Beach. You can see the lake and gulf through the treeline from the upstairs bedrooms in some of the pictures.

Shutterfly | Shared Picture Detail

5, 11, 15, 23, 50.......

Those are the number of Walton County foreclosure filings for December 16th through the 23rd for 2004, 2005, 2006, 2007, 2008 respectively.

5, 11, 15, 23, 50.......

Those are the number of Walton County foreclosure filings for December 16th through the 23rd for 2004, 2005, 2006, 2007, 2008 respectively.

The foreclosure data is currently being distorted by the moratorium Crist called for. We really don't know what's going on. Honestly I think the moratorium was a huge mistake, a signifigant percentage of sales are foreclosures. Freezing foreclosure proceedings will only stall the correction and hurt people who sell for a living.

I think it will all be ok... It may suck but in the end we will all be ok, no matter what happens. Merry Christmas! 😀

I think it will all be ok... It may suck but in the end we will all be ok, no matter what happens. Merry Christmas! 😀

As long as you have those beautiful ladies kissing you (tar), it's all good? :clap:

As long as you have those beautiful ladies kissing you (tar), it's all good? :clap:

It really is all good! What a year but the reality of it all is, it's all good!

It really is all good! What a year but the reality of it all is, it's all good!

Will it be "all good" for the 5 to 7 million people who will loose their jobs in 2009?

As long as you have those beautiful ladies kissing you (tar), it's all good? :clap:

That's exactly what I was thinking. I'd be optimistic too.

The foreclosure data is currently being distorted by the moratorium Crist called for. We really don't know what's going on. Honestly I think the moratorium was a huge mistake, a signifigant percentage of sales are foreclosures. Freezing foreclosure proceedings will only stall the correction and hurt people who sell for a living.

I can't believe how out of touch I am. Tell me some more about the moratorium or pass me a link please.

I can't believe how out of touch I am. Tell me some more about the moratorium or pass me a link please.

http://cbs4.com/consumer/moratorium.foreclosure.crist.2.877124.html

Crist: Voluntary Moratorium On Foreclosures

Feeling that struggling homeowners deserve more time and compassion, Governor Charlie Crist has asked Florida banks to stop foreclosures and evictions through the holidays.

After meeting with banking officials last week, Crist unveiled his proposal Monday. The moratorium would be voluntary and would be in effect for 45 days. Crist hope the temporary freeze on foreclosures will keep homeowners in their homes during the holidays and will give them time to renegotiate with their lenders.

"I applaud these bankers and lenders for giving people hope during this challenging economic time," said Crist. "Struggling families and homeowners should rest easier during this holiday season, knowing that these lenders have heard the pleas of homeowners."

Crist said his proposal would focus on homeowners who are in dire situations.

"This is to help people who really need help. This is not for somebody who went and bought a bunch of condos in South Florida in the spec market, and as my friend Alex says all the time, they got a bunch of Lexuses in the driveway. :cool:This is to help people that are in a time of need. This is for homesteaded property. People in a home that are providing a roof over their head for their kids and themselves," said Crist.
-----------------------------------------------

Doesn't apply to investulators, so most foreclosures in the area will continue as normal.

.


.

Will it be "all good" for the 5 to 7 million people who will loose their jobs in 2009?

My post says it will suck but in the end it will all be ok. Most of the time the disasters are looked back years later and good comes from it. I try not to focus on the doom. Maybe I am living in a fantasy world but I kinda like it here. Turn the news off, get rid of the TV, and perception begins to change. It's all good.

I think it will all be ok... It may suck but in the end we will all be ok, no matter what happens. Merry Christmas! 😀

I really like the way you think--I wish it was contageous! :clap:

My post says it will suck but in the end it will all be ok. Most of the time the disasters are looked back years later and good comes from it. I try not to focus on the doom. Maybe I am living in a fantasy world but I kinda like it here. Turn the news off, get rid of the TV, and perception begins to change. It's all good.

Thanks. I agree with turning off the news. Every day seems to be a repeat of yesterday. After all, it is the season to be thankful for what you do have.