real estate: Survey: Households say now is good time to buy
- 03/27/09 07:18 AM
Out of 1,000 potential first-time home buyers, 78 percent say that now is a good time to buy a home, despite widespread concern about the economy. And 68 percent think now is a better time to buy than six months ago.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n3-032709.cfm … (0 comments)
real estate: Rates trigger race to buy, refinance
- 03/26/09 04:29 AM
It's a double whammy: Homebuyers have a hard time qualifying for a mortgage and mortgage brokers have less time to help them. According to the Mortgage Bankers Association, refinancing accounted for 78.5 percent of all mortgage applications last week as rates hit an all-time low.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n2-032609.cfm … (0 comments)
real estate: U.S. Realtors see some light at end of tunnel
- 03/25/09 07:05 AM
Realtors across the U.S. report signs of a turnaround in the housing market. It's not much, but there seems to be a light at the end of the tunnel as more buyers knock on Realtors' doors.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n2-032509.cfm … (0 comments)
real estate: Survey says Americans still eager to buy
- 03/24/09 06:39 AM
Nearly 25 percent of adults say they plan to purchase a home in the next five years and half of those (53.5 percent) will be first-time homebuyers, according to a survey commissioned by Move Inc., operator of Realtor.com. More than 18 percent cite the $8,000 tax credit as a motivating factor.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n3-032409.cfm … (0 comments)
real estate: Florida’s existing home, condo sales rise in February 2009
- 03/23/09 05:41 AM
ORLANDO, Fla. - March 23, 2009 - Florida's existing home sales rose in February, making it the sixth consecutive month that sales activity showed increases in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors® (FAR). February's statewide sales also increased over January's figures in both the existing home and existing condo markets.Existing home sales rose 20 percent last month with a total of 9,858 homes sold statewide compared to 8,181 homes sold in February 2008, according to FAR. February's statewide existing home sales were 16.7 percent higher than January's statewide sales.Florida Realtors also … (0 comments)
real estate: Mortgage rates sink to new record low
- 03/20/09 07:18 AM
On the heels of the Federal Reserve's new effort to aid the housing market, rates on 30-year fixed-rate mortgages dropped this week to 4.98 percent, just shy of the record low of 4.96 percent reported in mid-January, according to Freddie Mac's weekly nationwide survey.Read the full story:http://www.flreaoridarealtors.org/NewsAndEvents/n1-032009.cfm … (0 comments)
real estate: Mortgage rates likely to sink on Fed actions
- 03/19/09 06:25 AM
The Federal Reserve's decision Wednesday to spend up to $1.2 trillion to help drive mortgage rates to historic lows could produce results as early as today, analysts predict. "It's going to keep rates low for a longer period of time," said Greg McBride, senior financial analyst at Bankrate.com.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n4-031909.cfm … (0 comments)
real estate: Nonprofit group touring US to help struggling homeowners
- 03/16/09 05:04 AM
The nonprofit Neighborhood Assistance Corp. of America is taking its "Save the Dream Tour" across the U.S. to help at-risk homeowners find ways to lower their mortgage payments. The free counseling service has plans to visit Florida.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n3-031609.cfm … (0 comments)
real estate: Home-value insurance may be the push buyers need
- 03/12/09 07:35 AM
There are would-be home buyers out there who are ready and able but not willing, because they're afraid prices will go lower. "But what if those buyers had insurance policies that would protect them if their homes lost value?" asks the chairman of Move, Inc.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n4-031209.cfm … (0 comments)
real estate: Markets face ‘irrational pessimism’
- 03/09/09 07:51 AM
The economy isn't really that bad. At the height of the boom, many people thought the party could never end, a term economists call "irrational exuberance." Today, however, many people have "irrational pessimism," or a fear that things will continue to get worse. Those people were wrong before, and they're wrong now.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n2-030909.cfm … (0 comments)
real estate: Foreclosures drove up 2008 U.S. home sales
- 03/05/09 05:26 AM
A large number of bargain-priced foreclosure sales are skewing home price statistics, according to Radar Logic. While home sales rose 7 percent in 2008, for example, the number of foreclosures rose 177 percent and the number of "normal" sales fell 17 percent. About one-third of all sales involved a foreclosure.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n2-030509.cfm … (0 comments)
real estate: Show me the mortgage papers’ spreading as foreclosure defense
- 03/02/09 06:24 AM
Bad bookkeeping continues to plague lenders that are foreclosing. "Show me the mortgage papers" is spreading virally around the country as a defense to slow - and sometimes halt - the foreclosure process. Read the full story:http://www.floridarealtors.org/NewsAndEvents/n4-030209.cfm … (0 comments)
real estate: HUD sends stimulus funds to states
- 02/26/09 04:21 AM
The check's in the mail: Nearly 75 percent of the stimulus allocated to HUD was handed out yesterday, department officials said. The allocated funding did not require recipients to apply, so it could be distributed quickly.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n2-022609.cfm … (0 comments)
real estate: Huge loans remained as foreclosures spiked
- 02/26/09 04:08 AM
About 9 percent of homebuyers in 2007 borrowed an amount at least four times greater than their annual income, according to an analysis of lender data by USA Today. Read the full story:http://www.floridarealtors.org/NewsAndEvents/n5-022609.cfm … (0 comments)
Out of 1,000 potential first-time home buyers, 78 percent say that now is a good time to buy a home, despite widespread concern about the economy. And 68 percent think now is a better time to buy than six months ago.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n3-032709.cfm
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