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joyce kelley: Homebuilders enjoying a resurgence in Pace Florida - 05/26/12 09:15 PM
Homebuilders enjoying a resurgence in Pace Florida
Most markets have seen improved sales recently, and the hard-hit sectors seem to be bouncing back the strongest. Read more.
Other builders also are enjoying a resurgence.The 198-unit Centra townhome development in Boca Raton is nearing completion, says Harry Posin, a builder working on the project with Fort Lauderdale-based Stiles Corp. as a joint venture.
Would you like information on buying or selling Foreclosures / Short sales CLICK HERE or Search All Pensacola, Pace or Gulf Breeze Area MLS Listings CLICK HERE for Rentals and Homes Fore Sale.
Buyers are taking advantage
of … (0 comments)
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joyce kelley: Realtors support workforce housing solutions for Pace Florida - 05/26/12 09:15 PM
Realtors support workforce housing solutions for Pace Florida
Realtors with an effective EAH program (employer assisted housing) start by forging relationships and building trust. Read more.
According to a panel of experts speaking at the “Housing Opportunities Forum – Ideas in Action” at NAR’s recent Midyear Legislative Meetings &Trade Expo in Washington, D.C., an effective EAH (employer-assisted housing) program can boost the number of homeowners in a community, help an employer retain staff and even provide new leads for real estate agents.
Today's Prayer God, Your Word tells us to love our enemies, to pray for those who spite or … (0 comments)
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joyce kelley: Foreclosed owners find way back to ownership even in Pace Florida - 05/26/12 08:44 PM
Foreclosed owners find way back to ownership even in Pace Florida
While a foreclosure slams credit reports, ex-owners seem to bounce back faster than expected and even buy homes. Read more.
“Most are not ashamed or bashful about what happened because so many people were forced into that reality in the last six years,” says Graham Epperson, an executive with major homebuilder PulteGroup.The bulk of consumers who have reentered the ownership market have done so because of FHA loans. Home financing backed by the agency may have a higher interest rate than conventional mortgages, but it does not demand … (0 comments)
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joyce kelley: Listings grow scarce as sellers wait for the Pace Real Estate Market to get better - 05/26/12 08:42 PM
Listings grow scarce as sellers wait for the Pace Real Estate Market to get better
Some owners who held off selling until the market rebounded are now waiting even longer to make more money. Read more.
According to Redfin CEO Glenn Kelman, sales are down in the most competitive housing markets, where bidding wars have flared up – including the District of Columbia, San Francisco and Phoenix. However, he adds, “the limiting factor on sales volume isn’t a lack of buyers. It’s a lack of sellers.”
Today's Prayer Oh God, Time and grace heals our wounds, but time is not … (2 comments)
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joyce kelley: Future of U.S. housing market? Echo boomers in Pace Florida - 05/26/12 04:52 AM
Future of U.S. housing market? Echo boomers in Pace Florida
Where should you focus marketing? On adults 17-31, say experts on NAR panel discussing "shifting demographics." Read more.
There are approximately 62 million echo boomers in the U.S. Also called “millennials,” echo boomers are currently ages 17-31. According to the 2011 National Association of Realtors Profile of Home Buyers and Sellers, younger homebuyers – those ages 18-34 – represent 31 percent of all recent home purchases.
Today's Prayer Oh God, Time and grace heals our wounds, but time is not always a friend. What about my friends who … (1 comments)
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joyce kelley: Few respond to foreclosure review offer from Pace Florida - 05/26/12 04:50 AM
Few respond to foreclosure review offer from Pace Florida
About 4.1M people were offered a free paperwork review of their foreclosure process, but only about 4% followed through. Read more
By April 30, fewer than 165,000 people had applied to have their foreclosures checked for mistakes – about 4 percent of the 4.1 million who received letters about the free reviews late last year, according to the Office of the Comptroller of the Currency. The reviews were agreed to by 14 major mortgage servicers and federal banking regulators in a settlement last year over alleged foreclosure abuses.So few people … (3 comments)
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joyce kelley: Gov't: First house price increase since 2007 could it be Pace Florida - 05/25/12 09:22 PM
Gov't: First house price increase since 2007 could it be Pace Florida
Fed index that looks at same-home resales finds 0.6% increase in 1Q 2012 - first yearly rise in 5 years. Fla. up 4.7%. Read more.
HPI price changes are generally smaller than other indicators because they’re based on same-home selling prices for homes under government-owned Fannie Mae and Freddie Mac. The purchase-only index is based on more than 6 million repeat sales transactions.Comparing year-to-year, the seasonally adjusted house prices rose 0.5 percent compared to first quarter 2011.Comparing month-to-month, FHFA’s seasonally adjusted monthly index for March was up … (2 comments)
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joyce kelley: Fla. housing market continues positive signs for Pace Florida Real Estate - 05/25/12 07:35 PM
Fla. housing market continues positive signs for Pace Florida Real Estate
Single-family prices rose 10.2%, condos 16.1%; pending sales higher. NAR: Sales up 3.4% over March; 10% over year ago. Read more.
“Here in Florida, we’re seeing some strong numbers that show positive momentum for the state’s housing recovery and our economy,” said 2012 Florida Realtors President Summer Greene, regional manager of Better Homes and Gardens Real Estate Florida 1st in Fort Lauderdale. “Home prices continue to rise in many markets. Inventory is down to extremely low levels while pending sales are on the rise – almost 38 percent for … (0 comments)
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joyce kelley: Positive signs abound for housing in Pace Florida - 05/25/12 07:08 PM
Positive signs abound for housing in Pace Florida
Most economists agree that market recovery looks great - but also worry about a few conditions that may threaten it. Read more.
Moreover, Yun said the second half of this year could be even better than the first, in part because of continued increases in rental costs and record affordability of homes. “Renters are getting squeezed, and they don’t want to rent anymore,” Yun explained. “This could be the year we see the release of pent-up demand.”Home prices have been skipping along the bottom for about a year now, Yun said, … (0 comments)
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joyce kelley: HUD: Counseling helps families own homes in Pace Florida - 05/25/12 07:02 PM
HUD: Counseling helps families own homes in Pace Florida
Potential buyers who understand the process and what ownership entails tend to have fewer problems after the closing. Read more.
HUD found that 35 percent of participants became homeowners within 18 months of pre-purchase counseling and only one of those buyers subsequently fell behind in their mortgage payments. In the foreclosure counseling study, nearly 70 percent obtained a mortgage remedy to retain their home, and 56 percent cured their defaults and became current on their mortgages.
Would you like information on buying or selling Foreclosures / Short sales CLICK HERE or … (0 comments)
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joyce kelley: Pending home sales rise, market recovering in Pace Florida - 05/19/12 08:55 PM
Pending home sales rise, market recovering in Pace Florida
NAR: March saw 23-month high for U.S. homes under contract - 4.1% over Feb. and 12.8% over March 2011. Read more.
The Pending Home Sales Index (PHSI), a forward-looking indicator based on contract signings, rose 4.1 percent to 101.4 in March from an upwardly revised 97.4 in February, and it’s 12.8 percent above March 2011 when it was 89.9. The data reflects contracts but not closings.
Pending home sales rise, market recovering in Pace Florida
"Simple kindness to one's self and all that lives is the most … (5 comments)
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joyce kelley: Impatient buyers target pre-sale homes in Pace and Gulf Breeze Florida - 05/19/12 08:55 PM
Impatient buyers target pre-sale homes in Pace and Gulf Breeze Florida
Facing a dwindling inventory, notably in high demand areas, some buyers seek at-risk homes not yet on the market. Read more.
More buyers are targeting homes that haven’t yet hit the market, a trend agents say will grow as inventory shrinks and the mismatch of what’s available and what’s desired continues.Such back-pocket deals used to involve mostly luxury homes where buyers and sellers wanted to keep the sale hush-hush. But lower-priced houses are becoming a bigger part of the mix because even those are in short supply.
Impatient … (4 comments)
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joyce kelley: Stricter mortgage standards too tight for Pensacola Pace and Gulf Breeze Markets - 05/19/12 08:53 PM
Stricter mortgage standards too tight for Pensacola Pace and Gulf Breeze Markets
Group that pushes consumer protection agrees with NAR and lenders that federally proposed QRMs might go too far. Read more.
To prevent this from happening again, the Dodd-Frank financial-reform act of 2010 required that changes be made. The chief targets: such mortgage instruments as “interest-only” and “negative-amortization” loans, both of which allowed marginal borrowers to buy more house than they could have ever possibly afforded.Those were risky loans even in good financial times, but when the market collapsed, failure to meet even interest payments cost hundreds of thousands … (0 comments)
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joyce kelley: Good schools boost home values in Pensacola Pace and Gulf Breeze Florida - 05/19/12 08:53 PM
Good schools boost home values in Pensacola Pace and Gulf Breeze Florida
Study: In metro areas, homes near better schools are worth perhaps $205,000 more than homes near low-performing ones. Read more.
“We think of public education as being free, and we think of the main divide in education between public and private schools,” Jonathan Rothwell, a senior research analyst at Brookings, told The New York Times. “But it turns out that it’s actually very expensive to enroll your children in a high-scoring public school.” Good schools boost home values in Pensacola Pace and Gulf Breeze Florida
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joyce kelley: Where's the recovery going in Pace and Gulf Breeze? - 05/16/12 08:16 PM
Where's the recovery going in Pace and Gulf Breeze?
For the first time in two years, U.S. is beating economists' predictions. Bullish outlooks in 2010 and 2011 fell short. Read more.
For the past two years, forecasters have overpromised, as bullish predictions for 2010 and 2011 fell short. Last year’s hoped-for recovery soon faded in the fallout from Japan’s earthquake, coupled with Washington’s flirtation with defaulting on the national debt.Heading into this year, economists all but unanimously predicted a first-half slowdown that would keep unemployment near 8.5 percent through the election.
Where's the recovery going in Pace … (5 comments)
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joyce kelley: Florida housing market changing quickly in Pace and Gulf Breeze Florida - 05/16/12 08:15 PM
Florida housing market changing quickly in Pace and Gulf Breeze Florida
Economist John Tuccillo: Time to buy. Expect investor interest in mid-priced homes as low-end inventory shrinks. Watch video.
For the past two years, forecasters have overpromised, as bullish predictions for 2010 and 2011 fell short. Last year’s hoped-for recovery soon faded in the fallout from Japan’s earthquake, coupled with Washington’s flirtation with defaulting on the national debt. Florida housing market changing quickly in Pace and Gulf Breeze Florida Heading into this year, economists all but unanimously predicted a first-half slowdown that would keep unemployment near 8.5 percent through … (2 comments)
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joyce kelley: Citizens ponders higher rates for new buyers in Pace and Gulf Breeze - 05/13/12 01:18 PM
Citizens ponders higher rates for new buyers in Pace and Gulf Breeze
Pressured to boost rates, Fla.'s insurer considered higher fees for new buyers only; didn't make significant changes. Read more.
Citizens, the state-run insurer of last resort, has actuarially unsound rates, according to most analysts. The fund largely covers Florida homeowners in high-risk storm areas, but critics say it doesn’t charge enough to create reserves that would cover damage if a significant storm hit the state.
Citizens ponders higher rates for new buyers in Pace and Gulf Breeze
Today's Prayer
Your Comments...Dear … (4 comments)
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joyce kelley: April consumer confidence down a bit in Pace and Gulf Breeze Fla. - 05/13/12 01:17 PM
April consumer confidence down a bit in Pace and Gulf Breeze Fla.
Three-month decline mirrors pattern seen last year, but the numbers are stronger - 5 points higher than in 2011. Read more.
All five categories measured by the survey dropped. Respondents’ overall assessment that their personal finances are stronger now than they were a year ago fell three points to 59. Their expectations of being better off financially a year from now fell four points to 78.
April consumer confidence down a bit in Pace and Gulf Breeze Fla.
Today's Prayer
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joyce kelley: U.S. new-home sales off 7.1% in March and how it might effect Pace Florida - 05/13/12 01:17 PM
U.S. new-home sales off 7.1% in March and how it might effect Pace Florida
A warmer winter in the nation's colder climates may account for the drop: New home sales rose 7.3% in February. Read more.
The Commerce Department says sales dropped 7.1 percent in March to a seasonally adjusted annual rate of 328,000 units. That followed a 7.3 percent increase in sales in February. This figure was revised up from an initial estimate that February sales had fallen 1.6 percent. U.S. new-home sales off 7.1% in March and how it might effect Pace Florida
Today's Prayer For every problem, … (0 comments)
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joyce kelley: Homes for sale in 32504, Pensacola, Pace and Gulf Breeze 649 PineBrook Circle - 05/13/12 12:25 PM
Homes for sale in 32504, Pensacola, Pace and Gulf Breeze 649 PineBrook Circle Would you like information on buying or selling Foreclosures / Short sales CLICK HERE or Search All Pensacola, Pace and Gulf Breeze Area MLS Listings CLICK HERE for Rentals and Homes For Sale.
Buying a Short Sale, REO Foreclosure or Home for sale in Pensacola, Pace or Gulf Breeze is as easy as contacting one of our local experts. We can send you easy to understand information explaining the entire process from start to finish whether buying a Short Sale, REO Foreclosure or Home for sale in Pensacola, Pace … (0 comments)
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Joyce Kelley, Buyers Agent 800-309-3414 Pace and Gulf Breeze Homes Sale or Rent
Gulf Breeze,
FL
More about me…
Charles Stallions Real Estate Services Inc
Address: 139 East Burgess Rd, Pensacola, Fl, 32503
Office Phone: (850) 478-8811
Cell Phone: (850) 332-6838
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