For the second month in a row, homes sales in the Sarasota area bucked a national decline, but the region saw pricing erode for the first time in months. Sales were up 30 percent in the Sarasota-Bradenton market compared with a year ago. While January's median sales price in the Sarasota-Braden
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02/27/2010
According a quarterly report from the National Association of Home Builders and Wells Fargo, the typical American family, who makes the nation's median income of $64,000 a year, could afford to buy 70.8% of all homes sold in the United States during the last three months of 2009. That's off jus
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02/18/2010
Starting early this summer, the Federal Housing Administration (FHA) is tightening lending standards in an effort to bolster its dwindling reserves. The new lending standards will make it tougher for prospective FHA buyers to purchase a home by requiring a higher down payment than the typical 3.5
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02/11/2010
This afternoon I was invited to attend the re-listing of Matt Geiger's (former NBA star and Tampa Bay native) 30,000+ square foot Estate about a half hour North of Tampa in Tarpon Springs. Initially listed back in May of 2007 for almost $20 million, the new listing brokerage, Engle & Volkers, h
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02/05/2010