So as a potential buyer what does this mean? When pending sales (under contract but not closed yet) trend down this typically is a great buy signal. Sellers are not getting as many offers and this can open of a buyer's opportunity to get that perfect home at lower prices.
A secondary thing to consider given that this is off season and an election year is that many buyers … (0 comments)
buying homes: Buffettology! BUY A TON OF REAL ESTATE! NOW
- 03/07/12 02:30 AM
Warren Buffett, the billionaire investor and Berkshire Hathaway CEO, said on CNBC's "Squawk Box" recently that he'd "buy up a couple hundred thousand" single-family homes if it was practical. Buffett said that's because he believes purchasing a home with ultra-low mortgage rates and holding it for the long-term has become a better investment than stocks right now. "Housing will come back, you can be sure of that," Buffett wrote in his annual letter to shareholders recently. Buffett forecasts an increase in household formations, as more people who moved in with their parents or family members during the recession look to move … (1 comments)
buying homes: Palm Beach County Home Buyer Tax Credit!
- 09/29/11 04:06 AM
Palm Beach County Homebuyer’s can receive a tax credit of up to $4,000 per year for every year of their mortgage. That means a tax credit of up to $120,000 over 30 years. What is a Mortgage Credit Certificate? A Mortgage Credit Certificate (MCC) allows the homebuyer to claim a tax credit for some portion of the mortgage interest paid per year. It is a dollar for dollar reduction against their federal tax liability. Who Can Get The Credit? Any first time homebuyer, as defined by the Internal Revenue Code, whose income generally does not exceed 115% of the area median … (0 comments)
buying homes: Jupiter Inlet Colony Short Sale Help
- 01/22/11 03:08 AM
Atlantic Coast Title Group Specializes in Aiding Homeowners with Short sale and Foreclosure Avoidance Assistance in North Palm Beach County including Jupiter, Juno Beach, North Palm Beach, West Palm Beach, Singer Island, Tequesta, and Palm Beach Gardens, Florida. Sometimes the overall economy and real estate market may severly affect the value of property through no fault of your own. Sometimes life happens and you need to move onto bigger and better things in your life. Sometimes the last thing you need is another mortgage. There are countless hardships that can turn homeownership from a joy into a burden. If you need … (0 comments)
Take a look at the graph below and you will find in Stuart Florida in the month of June 2016 the pending sales is trending down and is well below the 12 month average. 
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