Parkland & Coral Springs Real Estate Agent
Parkland & Coral Springs Realtor
ARCHIVED BLOG POSTS
2011
Standard & Poor's released its September 2011 Case-Shiller Index this week. The index tracks home price changes in select cities between months, quarters, and years. The Case-Shiller Index for September showed drastic devaluations nationwide. As compared to August, home values fell throughout 17...
11/30/2011
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If you plan to buy new construction in FL sometime in 2012, don’t expect today’s low prices. Like everything in housing of late, the market for newly-built homes appears to be stabilizing and, in some markets, improving. As foreshadowed by this month’s strong Homebuilder Confidence survey, the ...
11/29/2011
Home Improvement Projects : How Much Equity Will You Build? Home improvement projects are booming, expected to cross $110 billion in total volume this quarter. Unlike in recent years, however, the projects aren’t helping to create much new home equity. According to Remodeling Magazine’s Cos...
11/28/2011
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Conforming Loan Limits Unchanged For 2012 A conforming mortgage is one that, literally, conforms to the mortgage guidelines as set forth by Fannie Mae and Freddie Mac. Conforming mortgage guidelines are Fannie’s and Freddie’s eligibility standards; an underwriter’s series of check-boxes to determ...
11/27/2011
More Sales, Less Inventory : Home Prices Headed Higher? The housing market continues to signal that a broad rebound is underway. In October, despite sparse home inventory, the number of properties sold increased 1.4% nationwide. According to data from the National Association of REALTORS®, on...
11/26/2011
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Maximum FHA Loan Limits Restored To $729,750 By Jon Klein After a brief return to lower, pre-2009 levels, FHA loan limits have been restored. As signed into law last Friday, maximum FHA loan limits are — once again — as high as $729,750. The move creates additional mortgage financing possibiliti...
11/25/2011
Housing Starts Rising; New Construction Turns The Corner? Another day, another signal that the market for newly-built homes is improving. Single-Family Housing Starts rose to a seasonally-adjusted, annualized 430,000 units in October — a 4 percent increase from September and the highest reading...
11/18/2011
Homebuilder confidence continues to rise. Just two months after falling to a multi-month low, the Housing Market Index surged again in November, climbing another three points to 21. It’s the second straight month that the HMI posted a 3-point gain, catapulting the index to an 18-month. The ...
11/17/2011
Tuesday, Fannie Mae and Freddie Mac unveiled lender instructions for the government’s revamped HARP program, kick-starting a potential refinance frenzy across Florida and nationwide. HARP stands for Home Affordable Refinance Program. The updated program is meant to give “underwater homeowners” in...
11/16/2011
Foreclosure Filings Climbing; 4 States Account For Half Of Nationwide Activity Foreclosed homes are a hot market throughout South FL — and supplies are ramping up. According to foreclosure-tracking firm RealtyTrac, October’s foreclosure filings rose 7 percent to 231,000 filings nationwide. A “for...
11/15/2011
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