real estate information: Florida’s housing market shows positive gains in Sept. 2013
- 10/21/13 03:13 AM
Oct. 21, 2013 – More closed sales, higher median prices, increased pending sales and the continued stabilization of the homes-for-sale inventory resulted into a sunny outlook for Florida’s housing market in September, according to the latest housing data released by Florida Realtors®.
“Throughout the year, we’ve seen Florida’s housing market strengthen and that positive momentum continued in September,” said 2013 Florida Realtors President Dean Asher, broker-owner with Don Asher & Associates Inc. in Orlando. “Home values are rising and many homeowners across the state are seeing improving home equity. Those trends are helping to ease tight inventory levels in many areas as … (0 comments)
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real estate information: FREC announces college scholarships
- 10/16/13 04:54 AM
Oct. 16, 2013 – Fla. students pursuing a real estate career can apply for $1,500 to $2,500 in scholarship money from the Florida Real Estate Commission (FREC).
Interested students must follow the rules, however. The first one: The online application process opens Oct. 21, 2013, and ends Nov. 8 at noon.
Who can apply: Students must be a Florida resident and attending an accredited Florida college or university. Eligible students must be officially enrolled in and pursuing a degree in real estate, or a degree with a concentration in real estate studies. Degrees can be at the undergraduate or graduate level.
How much … (0 comments)
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real estate information: Strategic default’ ex-owners face debt collectors
- 10/16/13 04:20 AM
Oct. 16, 2013 – Fannie Mae and Freddie Mac have stepped up their program to collect unpaid mortgage debt from “strategic defaulters” – underwater homeowners who skipped out on their mortgage even though they had the ability to pay. Read Full Story
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real estate information: Builders push buyer incentives as sales slow
- 10/15/13 06:59 AM
Oct. 15, 2013 – With home sales starting to slow, builders are giving buyers more incentives to purchase. Some are going so far as to offer tens of thousands of dollars in cash incentives as well as free home upgrades. Read Full Story
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real estate information: Fla. applications for new homes rose in Sept.
- 10/14/13 04:18 AM
Oct. 14, 2013 – The Mortgage Bankers Association’ (MBA) Builder Application Survey (BAS) for September 2013 found that mortgage applications for new home purchases in the U.S. decreased by 1 percent relative to the previous month, though the numbers aren’t adjusted to compensate for seasonal variations.
In Florida, however, new home applications rose both month-to-month and year-to-year. Compared to August 2013, applications rose 1.6 percent. Compared to September 2012, applications rose 10.7 percent.
By product type, conventional loans composed 68.4 percent of U.S. loan applications, FHA loans made up 16.6 percent, RHS/USDA loans composed 1.1 percent and VA loans made up 13.9 percent.
The … (0 comments)
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real estate information: Police task force on homestead fraud reaps results
- 10/14/13 04:15 AM
Oct. 14, 2013 – Deploying police detectives from nine local cities to bolster homestead fraud investigations in Miami-Dade County is reaping fast results, according to the property appraiser. Read Full Story
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real estate information: 6835 Belt Link LP
- 09/29/13 11:59 PM
Our newest Listing that was under contract in only a few hours.
http://searchallproperties.com/listings/1678972/6835-BELT-LINK-LOOP-ZEPHYRHILLS-FL
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real estate information: Floridians scramble for mortgage reduction funds
- 09/26/13 03:21 AM
Sept. 27, 2013 – Between 9 a.m. and 2 p.m. Wednesday, more than 7,000 Floridians had applied for a government program that could reduce as much as $50,000 of the principal homeowners owe on their mortgage. Read Full Story
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real estate information: 6 tips to weigh the best resale home improvements
- 09/24/13 05:39 AM
Home remodeling could rise 20% this year. Owners upgrading with an eye toward resale value should view their projects through a new homebuyer's eyes. Read more.
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real estate information: Tampa YTD Market Report for Single Family Homes
- 09/19/13 03:16 AM
We just wanted to share with you the Year To Date Data for the Tampa Florida area sales of single family homes.
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real estate information: Fla. Gov. to U.S. Senators: Stop flood insurance hikes
- 09/18/13 06:13 AM
Sept. 18, 2013 – The U.S. Senate Committee on Banking, Housing and Urban Affairs will listen to witnesses today regarding flood insurance problems. The committee’s mission: Look at the implementation of the Biggert-Waters Flood Insurance Act of 2012 one year after enactment.
Yesterday, Florida Governor Rick Scott sent a letter to the state’s two lawmakers in the Senate – Sen. Marco Rubio and Sen. Bill Nelson – asking them to “delay or mitigate” those flood insurance premium increases scheduled to change on Oct. 1, 2013, under the Biggert-Waters reform act.
“The governor’s letter is timely, given the U.S. Senate has a … (0 comments)
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real estate information: Builders slow price increases as interest rate rises
- 09/13/13 07:20 AM
Survey: In August, 47% of homebuilders raised prices compared to 64% in July. Reason: A rise in interest rates made a new home less affordable. Read more.
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real estate information: Approved Short Sale Awesome Income Property
- 09/13/13 01:49 AM
Short Sale. Buyer walked and this Short Sale is Approved at list price. This lovely home was previously the builder's model home and has many upgrades throughout including solid surface countertops, beautiful wood cabinets, lots of ceramic tile, and so much more. Easy access to I-75 and I-4, and just minutes to downtown Tampa, shopping and restaurants. To view Details click here
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real estate information: Fla. foreclosure starts down 65% year-to-year
- 09/12/13 05:00 AM
Sept. 12, 2013 – Florida foreclosures dropped dramatically in RealtyTrac’s latest report for August. Overall foreclosure activity dropped 43 percent, and foreclosure starts – homes that received a first notice – dropped 54 percent year-to-year.
Nationally, RealtyTrac reports that national foreclosure filings – default notices, scheduled auctions and bank repossessions – decreased 2 percent from the previous month and 34 percent year-to-year, the 35th consecutive month where foreclosure activity has decreased on an annual basis. One in every 1,019 U.S. housing units had some kind of foreclosure filing activity during the month.
Some experts say the Florida drop relates, at … (0 comments)
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real estate information: Investor demand starts to wane
- 09/11/13 04:42 AM
Sept. 11, 2013 – The proportion of investors involved in the housing market has fallen in the last few months. As their numbers dwindle, it may allow other buyers to step in, according to housing experts. Read Fully Story
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real estate information: Team Davis Newest Listing in Land O Lakes
- 09/11/13 01:58 AM
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real estate information: CoreLogic: 2.5M more U.S. homeowners not underwater
- 09/10/13 04:47 AM
Sept. 10, 2013 – CoreLogic’s latest analysis finds about 2.5 million more residential properties returned to positive equity during the second quarter of 2013, as homeowners emerged from underwater.
The total number of mortgaged residential properties with equity stood at 41.5 million in the second quarter, while 7.1 million homes – 14.5 percent of all residential properties with a mortgage –still had negative equity. That’s down from 9.6 million homes, or 19.7 percent of all residential properties with a mortgage, at the end of the first quarter of 2013.
Florida ranked second for the number of homes underwater – 31.5 … (0 comments)
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real estate information: Economists keep rosy view for 3% growth in 2014
- 09/09/13 04:26 AM
Sept. 9, 2013 – Business forecasters maintained their rosy view of the U.S. economy in 2014, predicting 3 percent growth by the second quarter of next year, low inflation and improving employment. Read Full Story
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real estate information: More homeowners have enough equity to sell
- 09/05/13 05:20 AM
Sept. 5, 2013 — RealtyTrac today released its U.S. Home Equity & Underwater Report for September 2013.
While 10.7 million residential homeowners nationwide owe at least 25 percent or more on their mortgages than their properties are worth, another 8.3 million homeowners are now only slightly underwater or slightly above water, putting them on track to have enough equity to sell sometime in the next 15 months without resorting to a short sale.
The 8.3 million include homeowners that have a loan-to-value (LTV) ratio from 90 to 110 percent, meaning they have between 10 percent positive equity and 10 … (0 comments)
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real estate information: CoreLogic: July home prices up 12.4% year-to-year
- 09/03/13 05:39 AM
Sept. 3, 2013 – CoreLogic released its July Home Price Index (HPI) report today.
Home prices nationwide, including distressed sales, increased 12.4 percent on a year-over-year basis in July 2013 compared to July 2012 – the 17th consecutive monthly year-over-year increase in home prices nationally.
On a month-over-month basis, including distressed sales, home prices increased by 1.8 percent in July 2013 compared to June 2013.
When distressed sales are backed out of the equation, home prices increased 11.4 percent year-over-year in July 2013 compared to July 2012. On a month-over-month basis, excluding distressed sales, home prices increased 1.7 percent in … (0 comments)
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Oct. 21, 2013 – More closed sales, higher median prices, increased pending sales and the continued stabilization of the homes-for-sale inventory resulted into a sunny outlook for Florida’s housing market in September, according to the latest housing data released by Florida Realtors®.
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