Some will always prosper despite the shape of the economy. Lawyers are part of the 'always prosperous' family. With the number of real estate foreclosures in Florida the Law firms are raking in the cash. Real Estate in the US is in rough shape but law firms are increasing there staff to deal with foreclosure madness.
"As you know, Florida has very high foreclosure rates because of the boom in real estate in Sarasota and in Tampa," said Ken Goins, chief executive of foreclosure processing firm Prommis Solutions, which is seeking to expand into Florida. Prommis Solutions is owned by Boston private equity firm Great Hill Partners.
Because of the subprime mortgage mess, foreclosure filings by banks and mortgage servicing companies in Hillsborough County Circuit Court - as in other courts in Florida - have more than doubled since this time last year. According to clerk records, there were 1,475 new mortgage foreclosure suits in Hillsborough County in February compared with 562 cases in February 2007 and 271 cases in February 2006. Article.
You can alway list real estate for free with Snap Up Real Estate.
No comments:
Post a Comment