House votes to extend homebuyer credit 3 months - 06/30/10 04:13 PM
However, the Senate prefers to tack the extension onto a larger jobs bill. NAR continues its push, but success not assured. Read more.
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Home prices rise 0.8% in April from March - 06/29/10 04:07 PM
Standard & Poor's/Case-Shiller 20-city home price index posted a 0.8% gain after falling for six months. Read more.
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Tax credit closing extension may not pass - 06/28/10 03:24 PM
A vote to extend the $8K tax credit closing deadline past Wednesday failed due to contentious issues in the larger bill. Read more.
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Home By Design - 06/25/10 11:11 PM
Please enjoy this weeks Home By Design Article. Destination Bermuda.

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Mortgage rates at lowest point since at least 1971 - 06/25/10 03:30 PM
The average rate for 30-year FRMs sank to 4.69% this week - the lowest point since Freddie Mac began tracking. Read more.
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Fannie Mae to penalize homeowners who walk away - 06/24/10 03:20 PM
Will punish some walk-aways who didn''t try to work out a deal by denying them new loans for 7 years. Read more.
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Calif., Fla., other states to get more housing aid - 06/23/10 07:45 PM
Obama administration approved more help for 12,500 homeowners, part of a $1.5B effort to assist areas hurt by the downturn. Read more.
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Florida’s existing home, condo sales rise in May - 06/22/10 03:43 PM
Statewide sales up 18% compared to May '09; condo sales up 40%. Statewide home median price up slightly over April. Read more.
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Squatters take over homes, causes housing crisis - 06/21/10 04:10 PM
Over 200 scammers in Broward alone have changed locks and claimed ownership citing U.S. adverse possession laws. Read more.
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Freddie Mac: Mortgage rates up from yearly low - 06/18/10 04:34 PM
Rates on 30-year fixed mortgages rose a bit this week but remain historically cheap at 4.75%. Read more.
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Bank Approved Short Sale! - 06/17/10 11:04 AM
Bank Approved Short Sale. This home has every imaginable upgrade and is Move In ready. The home is located in Riverview FL, close to shopping, dining and I-75.
http://marketing.remaxdesigncenter.com/05/59205/1253305/1253305.swf
 
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June Item of Value - 06/16/10 03:27 PM
We hope this finds you well and enjoying the summer season.   If you are looking to do some home improvements this year in this month's Item of Value you will find some great information on the many home improvement incentives available to you.  Homeowners who are thinking about making energy efficient upgrades to their homes could benefit from significant tax savings if they undertake certain projects before the available tax credits expire on December 31, 2010.

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Foreclosure court filings down in 1Q - 06/16/10 02:51 PM
Fla. state courts recorded about 25% fewer foreclosures than they did last year and almost 10% less than in 1Q 2008. Read more.
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Home size declines; buyers opt for single story - 06/15/10 03:01 PM
For almost 30 years, average sizes increased, peaking at 2,521 square feet in 2007; but in 2009, it was down to 2,438. Read more.
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Economists: 3-year backlog of foreclosures in courts - 06/14/10 02:54 PM
Confused lenders foreclose and offer relief at the same time; in some cases, judges punish by forgiving entire mortgages. Read more.
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Lawmakers consider home tax credit extension - 06/11/10 04:10 PM
Attention buyers under contract: A June 30 closing deadline could be extended to Sept. 30 to offset short-sale delays. Read more.
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May foreclosure rate steadies as banks hold back - 06/10/10 02:41 PM
The crisis appears to be leveling off; number of people facing foreclosure is nearly flat compared to one year ago. Read more.
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Mortgage fraud risk index highest since 2004 - 06/09/10 04:41 PM
Nationwide, it's up 4% from previous quarter and 11% from a year earlier, mainly due to identity theft and valuation fraud. Read more.
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Bank of America to pay borrowers $108 million - 06/08/10 04:35 PM
It settles charges that Countrywide, acquired by BofA 2 years ago, collected outsized fees from people facing foreclosure. Read more.
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Should you buy or rent? - 06/07/10 02:35 PM
Many renters now think it's time to buy even as some owners dream of renting because it carries less risk. Read more.
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Item of Value - 06/06/10 01:35 PM
We hope this finds you well and looking forward to all of the fun activities the summer season has to offer. In this month's Item of Value you will find some valuable summer safety tips. With the warm weather upon us now is a great time to check over all recreational equipment and review outdoor safety measures. Wh...atever your summer plans include being proactive will help ensure that your family and guests have a fun and carefree summer. As always, please don't hesitate to contact us if we can be of any assistance.
Regards, Nick & Cindy
 
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Freddie Mac: Mortgage rates up from yearly lows - 06/04/10 03:33 PM
Rates on 30-year fixed mortgages ticked up to 4.79% this week from the lowest level of the year, says Freddie Mac. Read more.
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Foreclosure has oft-unforeseen risk: lawsuits from lenders - 06/03/10 03:45 PM
Reasons not to walk away: Fla. lenders who lost money have 5 years to file a lawsuit and the IRS could tax forgiven losses. Read more.
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Pending home sales surge continues - 06/02/10 04:53 PM
The index rose for the 3rd month in a row; 6% April jump reflects market strength and impact of the homebuyer tax credit. Read more.
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Foreign buyers are flocking to Florida condos again - 06/01/10 03:27 PM
Canadians, Brazilians - even some Chinese - are purchasing, sometimes in bulk. The lure: rock-bottom prices. Read more.
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Nick and Cindy Davis CDPE,SFR, ALHS,CIAS,Realtor(R)

Team Davis

Tampa, FL

More about me…

RE/MAX Premier Group

Address: 27219 SR 56, Wesley Chapel, FL, 33544

Office Phone: (813) 300-7116

Cell Phone: (813) 695-6475

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