Foreclosures > Years > 2007 > Palm Beach
2007: CITY VS. SOUTH FLORIDA AVERAGE
Palm Beach (in green) vs. average of all cities.
Palm Beach (in green) vs. average of all cities.
Distressed Market Index: Palm Beach
BlockShopper's Distressed Market Index scores individual South Florida communities from 0-100 based on their level of 'distress'.
The higher the index, the more likely a community's property market is suffering from heavy foreclosure growth and stands to have an abundance of non-occupied, bank-owned foreclosures on the market.
Our Distressed Market Index considers and weighs the following factors:
- Foreclosures as a percentage of total sales
- Percentage of bank-taken versus investor-purchased foreclosures
- Net inventory changes of bank-owned property
Foreclosure
| 
Single-Family 
Condo/Townhome 
High-rise
| Date | Address | Price | Seller | Buyer | |
|---|---|---|---|---|---|
|
|
Dec 21 | 1431 N Ocean Way |
$100 | Clerk And Comptroller Palm Beach County | Warsowe Acquisition Corp |
|
|
Dec 05 | 221 Ocean Terrace |
$100 | Clerk And Comptroller Palm Beach County | American Home Mortgage Servicing Inc |
BlockShopper's foreclosure algorithm analyzes sales data to determine when a home went into foreclosure and who bought that home out of foreclosure. The algorithm has a very high accuracy rate, albeit not 100%. The labels given by BlockShopper should be deemed as an indication of foreclosure. Please contact us with any questions, comments or corrections.