home prices: Good News For Home Owners.... - 09/14/12 12:15 AM
I came across this article and wanted to share with all Home Owners..
More Home Owners Lifted From Underwater Daily Real Estate News | Thursday, September 13, 2012   As values rise, more home owners are finding equity in their houses again, surfacing after being underwater on their mortgage for the past few years, according to the latest data from CoreLogic.
In the second quarter, 10.8 million, or 22.3 percent, of home owners owed more on their mortgage than their house is currently worth, which is down from 11.4 million — or 23.7 percent — in the first … (3 comments)

home prices: Home Prices Finally Reached Bottom? - 03/23/12 04:47 AM
I came across this article today and just wanted to share it...
Have Home Prices Finally Reached Bottom? Daily Real Estate News | Friday, March 23, 2012 “Prices are bottoming now,” according to a Bank of America Merrill Lynch forecast, released this week. 
In the fall, the analysts had predicted home prices would drop by 8 percent from the second quarter of 2011 through the first quarter of 2013 — but now they’re revising that forecast, realizing the housing market is stabilizing faster than they originally thought. 
The analysts now predict that prices will remain flat for the next two … (0 comments)

home prices: Get More Bang For Your Buck Than In The Last 15 Years. - 12/01/11 03:27 PM
The monthly cost of owning a home is more affordable now than in the past 15 years, and is less expensive than renting in many cities.
Low home prices combined with low mortgage rates – hovering at 4 percent or lower – create an appealing buyer’s market, analysts say.
For example, buyers today have a 77 percent increase in their borrowing power compared to 1991, according to Dan Green, a loan officer with Waterstone Mortgage in Cincinnati. He says that in 1991 a $1,700 mortgage payment allowed a borrower to take out a $200,000 mortgage. Today, at current interest rates, … (2 comments)

home prices: Prices are rising. Check out the top 15 cities boasting the highest increases. - 09/23/11 04:23 PM

Being from Florida I was so excited to read this Wonderful news. I am glad to see Miami # 1 on this list….  So, I just had to share with all… 
Daily Real Estate News | Friday, September 23, 2011
Prices are rising in Florida: Florida cities have had the largest year-over-year increases in average list prices, according to the latest real estate data from Realtor.com.
Florida cities make up 9 of the top 10 places for highest year-over-year list price spikes, based off of August data of 2.2 million listings in 146 markets.
Nationwide, … (1 comments)

home prices: Divorce Rates & Home Prices Drop - 08/02/11 02:32 PM

According to a study done a few years back by the American Economic Review, a pattern is shown between lower divorce rates and declining home prices. The data shows that divorce rates declined to 46% in 2009, from 50% in 1996. Therefore the American Economic Review claims that “It is more likely to divorce when equity gains make it possible for them to put money down on separate homes. But a decrease in residential values and the high cost of divorce proceedings have prompted some couples to stay together.”
Source: “Divorce Rates Decline Alongside Home Prices,” Realty Times, Carla … (2 comments)

Stephanie Leon  | Miami Lakes Realtor®, Turning For Sale Into SOLD!  (Realty Empire Incorporated)

Stephanie Leon | Miami Lakes Realtor®

Turning For Sale Into SOLD!

Miami Lakes, FL

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Realty Empire Incorporated

Address: 6625 Miami Lakes Drive, Suite 339, Miami Lakes, FL, 33014

Office: (786) 664-7710

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