Pembroke Pines is one of the fastest growing communities in North America and it has won awards for its many educational and medical facilities. This inland community boasts several vast subdivisions that were built for the survivors of hurricanes in Southern Florida. There are also many expensive town homes for sale in the gated communities of Pembroke Pines which boast amenities that make living here more like staying in a five star resort. It is easy to find Pembroke Pines homes for sale in one of the cities many subdivisions. You might consider buying in Lido Lakes which consists of 199 homes situated on a refilled old rock quarry. If your tastes are more urban you might be able to buy a gorgeous vintage home in the Hollywood Boulevard Historic District that boasts a booming café society as well as wonderful restaurants and shopping.

Most people in Pembroke Pines own homes in Broadview Pompano Park which is a 1.5 km area that consists of mainly married couples with children. There is also a substantial number of residents living in various subdivisions around the Miami-Hollywood Motorsports Park as well as in C.B. Smith Park which is in the east end of the city. In the west, newer communities include the subdivisions of Chapel Trail and Silver Lakes. Famous people who have bought homes in Pembroke Pines include Manny Ramirez of the Los Angeles Dodgers, model Niki Taylor, Kendall Newson who was a wide receiver for the Miami Dolphins and former NFL great Lawrence Taylor of the New York Giants.

Brokers again are let down as the real estate industry shows scant signs of showing improvement across the lion’s share of large metro areas. Many real estate investors continued to fall behind on their mortgage payments in the first six months of this year compared to this period in 2009. Could this be an omen that the nation’s recession is worsening as weary homeowners endure with high unemployment and flagging job growth?

Many metro areas with over than 200,000 residents registered an up mark in foreclosure activity from the first half of the year, RealtyTrac pointed out this past Thursday. The organization follows foreclosure filings, property owner auctions and houses foreclosures, omens that can indicate a house eventually being taken back by the bank. Current indicators reveal the foreclosure trend expansion through the primary issues markets such as Arizona and Nevada. Those states saw housing values increase during the housing bubble. When the boom discontinued, values collapsed and foreclosures skyrocketed.

The most recent information points to a greater trend in foreclosures in America. Not too long ago, RealtyTrac also said that foreclosure notices rose in the first half of the year by 8% for the same period the previous year. Simultaneously they dropped five percent for the final 6 months of 2009. During the first half of last year, in all, almost 1.7 million homeowners received a foreclosure notice. This equates to about one in 78 homes in the U.S. RealtyTrac also pointed out, more than 1 million of these homes will likely be lost to foreclosure.

The other side of the coin is, of top 10 hardest hit areas, none have seen their foreclosure rate increase from the previous year. Cites like Las Vegas, Stockton and Cape Coral seem to have found their height in default challenges however time will tell.

While this is what the markets need to hear, they continue to view default rates that are significantly greater than the rest of the U.S. The metropolitan areas with the largest delinquencies continues to be fairly unchallenged for most of the last 12 months. The Las Vegas metro area continued to lead the pack with 1 in every fifteen homes having received some kind of default notice in the first part of the year – approximately 5 times greater than the national average.