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» VISIT US ONLINE @ DSNEWS.COM 87 Arkansas Patty Callahan Principal Broker/Owner Let the Callahan Team help sell your REOs The Real Estate Specialists 927 15th Street, Batesville, AR 72501 870.698.2026 Offi ce 870.698.2080 Fax 870.307.9993 Cell patty_callahan@att.net www.realestatespecialists.org Florida RANK: 1 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate DECEMBER 2013 3.20% 7.41% 6.2 YEAR AGO 4.02% 11.56% 7.9 YEAR-OVER-YEAR CHANGE -20.4% -35.9% -1.7 Top County WASHINGTON COUNTY 90+ Day Foreclosure Delinquency Rate Rate DECEMBER 2013 3.98% 12.40% YEAR AGO 4.14% 13.07% YEAR-OVER-YEAR CHANGE -3.9% -5.2% Top Core-Based Statistical Area OKEECHOBEE, FL 90+ Day Foreclosure Delinquency Rate Rate DECEMBER 2013 4.34% 10.90% YEAR AGO 4.08% 17.25% YEAR-OVER-YEAR CHANGE 6.4% -36.8% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the December 2013 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary December 2013 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Florida Adriana M Montes, MBA Florida Dreams Realty Group adriana@FloridaDreamsRealty.com Cell 321 689 6258 www.fl oridadreamsrealty.com MEMBER IN THE NEWS HFF Hires Director for Tampa Office Michael Tabor was hired on as a director in Holliday Fenoglio Fowler's (HFF) Tampa, Florida, office, the firm announced. Tabor will focus on arranging debt and equity transactions in the Southeastern United States for the company. He has been involved with more than $1 billion in commercial real estate transactions and brings more than nine years of commercial real estate industry experience to his new position. Previously, Tabor was an assistant VP at Walker & Dunlop, where he assisted in managing its Florida capital markets group. Tabor started his professional life at GMAC Commercial Mortgage and was a member of the U.S. Army. Earlier, he helped launch the Florida-based life insurance company lender America Real Estate Capital. "It has been a focus of ours since we opened this office in 2011 to strategically build out the full platform of services and product specializations that HFF has to offer," said Daniel C. Peek, senior managing director and office head of HFF's Tampa office. "Michael is a highly driven professional with extensive commercial real estate finance experience and we are eager to have him on board as he will undoubtedly provide valuable services to our clients both locally and nationally." Long Island Ranked Nation's Hottest Market, Florida Metros Struggle Pro Teck Valuation Services released January's Home Value Forecast (HVF), a measure of single-family residential markets. Long Island was ranked the strongest market in the nation. "Long Island leads Home Value Forecast's ranking as the hottest real estate market in the nation in our January Home Value Forecast," said Tom O'Grady, CEO of Pro Teck Valuation Services. "Many factors account for Long Island's strong market, including foreclosures making up an inconsequential 2.18 percent of sales and available housing inventory at only 3.63 months," said O'Grady. Pro Teck's HVF uses leading real estate market indicators to determine its rankings, such as sales/listing activity, prices, months of remaining inventory, days on market, sold-to- list price ratio, foreclosure, and REO activity. California ranked particularly well, with six of the 10 best markets residing in the Golden State. "In our January HVF top 10, California is again well represented ... In particular, the Los Angeles market has seen a major shift, with sales prices up over 24 percent from the last rolling quarter," O'Grady added. Snaring the perhaps dubious honor of worst market in the nation was Jacksonville, Florida, a region overwhelmingly rife with foreclosures. Compared with Long Island's 3 percent of sales as foreclosures, Jacksonville currently has 81.15 percent of its sales as foreclosures. "Looking at the five-year forecast, Jacksonville's prices are not expected to get anywhere near its 2007 peak. Foreclosures will continue to hamper the market from returning to true market fundamentals for the foreseeable future," O'Grady said. MORTGAGE MARKETS TODAY Real Talk. Real Experts. All on your schedule. Subscribe today on itunes radio.thefi vestar.com MORTGAGE MORTGAGE MORTGAGE MORTGAGE MORTGAGE MORTGAGE MORTGAGE MORTGAGE MORTGAGE MORTGAGE MORTGAGE MORTGAGE All on your schedule. All on your schedule.