The Foreclosure Problem Hasnt Overlooked Small Town Florida. Flagler County Is Feeling The Pain

Flagler County, Florida, home to 50,000 people, even with such a low population compared to other counties hasnt escaped the foreclosure crisis. Foreclosure activity increased again in Flagler counties in April, with nearly 1,000 families facing possible loss of their home. Palm Coast, Flagler Beach, and Bunnell, the three largest cities are all feeling the strain brought on by the problem. Local municipalities are feeling the crunch, especially in the reduced tax revenues.

How is this small Florida County holding up? Sandra Negron, a long-time resident and real estate professional with over 20 years of experience offered a unique snapshot of what is happening in Flagler County.

When asked to summarize, Mrs. Negron stated that the current Flagler County foreclosure situation is moderate, with the Sheriffs office serving Lis Pendens at about 100-200 per week for both residential

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