Parkland & Coral Springs Real Estate Agent

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Parkland & Coral Springs Realtor

ARCHIVED BLOG POSTS

2012 

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Single-family housing starts took a small step back in November. According to the monthly Housing Starts report from the U.S. Department of Commerce, single-family housing startstallied 565,000 in November 2012 on a seasonally-adjusted, annualized basis. This marks a 4 percent decline from Octobe...
12/21/2012

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The process of buying a foreclosed home is slightly different from the process of buying a non-foreclosure home. If you want to invest in Parkland or Coral Springs foreclosures, it is important to understand the different ways by which to purchase a foreclosed home. There are three main ways to b...
12/20/2012

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Foreclosure-tracker RealtyTrac reports falling foreclosure sales nationwide as banks get better at selling homes via short sale. In its Q3 2012 report, RealtyTrac says that 193,059 homes in some stage of foreclosure were sold, accounting for 19% of all residential home sales. In addition, pre-for...
12/18/2012

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Mortgage bonds worsened last week, moving mortgage rates higher. Economic news was mostly positive and the Federal Open Market Committee (FOMC) changed some of Wall Street expectations for future monetary policy. Freddie Mac reported the average 30-year fixed rate mortgage rate at 3.32 percent na...
12/16/2012

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Last week's National Association of Home Builders/First American Improving Markets Index (IMI) brought positive news about U.S. housing markets and the broader U.S. economy, in general. According to the IMI, there are now 201 U.S. marketswhich can be considered "improving". To meet this standard,...
12/15/2012

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The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday. For the tenth consecutive meeting, the FOMC vote was nearly unanimous. Richmond Federal Reserve President Jeffrey Lacker was the lone dissenter in the 9-...
12/12/2012

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According to the Bureau of Labor Statistics (BLS) and its November 2012 Non-Farm Payrolls report, the U.S. economy added 146,000 net new jobslast month. November's job growth exceeded Wall Street expectations of 90,000 jobs added for the month, and was a small increase from October's 138,000 jobs...
12/12/2012

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The Federal Open Market Committee (FOMC) begins a 2-day meeting today, its last of 8 scheduled meetings this year. The Federal Open Market Committee is a 12-person subcommittee within the Federal Reserve. It's the group which votes upon U.S. monetary policy. The monetary policy action for which t...
12/10/2012

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Mortgage bonds worsened last week as Fiscal Cliff talks moved closer to resolution and as the U.S. economy showed continued signs of growth. Conforming mortgage rates in FL rose slightly, edging off the all-time lows late in November. According to Freddie Mac's weekly mortgage rate survey, the av...
12/10/2012

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  Jon Klein | Real Living 1st Choice Realty | (954) 415-5595 5121 Kensington Cir, Coral Springs, FL Kensington Glen 5 Bedroom, 3 1/2 Bath Screened Pool on gorgeous water lot. 5BR/3+1BA Single Family House   offered at $489,900 Year Built 2001 Sq Footage 2,951 Bedrooms 5 Bathrooms 3 full, 1 parti...
12/09/2012
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