foreclosures: Study: Higher home prices lead to more sales - 10/29/13 10:03 PM

SAN FRANCISCO – Oct. 29, 2013 – If home prices edge higher, the housing market will see higher home sales, according to a new paper by two senior economists with the Federal Reserve Bank of San Francisco. The economists note that it’s not that the higher prices entice buyers as much as the higher prices entice owners to sell their homes, thereby helping to alleviate current inventory shortages.
Many sellers are still waiting out the market until home prices rise more, economists William Hedberg and John Krainer write in an article in the Federal Reserve Bank of San Francisco’s Economic Letter … (1 comments)

foreclosures: How investor owners make their choices - 10/25/13 10:35 PM
American Home passes on stucco homes. Silver Bay Realty Trust avoids cedar siding.
Investment companies that buy homes out of foreclosure or other distress situations usually can’t get inside them to see what kind of shape they’re in. Nor do they have the time or manpower to do so.
Instead the firms use criteria and processes – some still evolving – to ensure a house is a decent bet to pay off in the long run.
For instance, water can get behind the stucco if it isn’t sealed properly, said Lee Budden, a broker with Keller Williams First Atlanta who has … (0 comments)

foreclosures: FORT MYERS FLORIDA ALMOST READY TO UNVEIL IT'S NEW DOWNTOWN WATERFRONT - 10/22/13 12:33 AM
Fort Myers is almost ready to unveil its new, downtown waterfront, but developers have yet to sign any contracts to build.
A ribbon-cutting is tentatively scheduled for the first weekend in December, said Don Paight, executive director of the Fort Myers Community Redevelopment Agency.
“For all practical purposes,” he said, “it’s pretty much finished.”
The project brings the Caloosahatchee riverfront up to Bay Street. It creates two basins that filter pollutants from storm runoff. The basins will be separated by Edwards Drive, which will be converted into a brick-paved bridge.
When the $5.3 million riverfront project broke ground in March, Paight … (0 comments)

foreclosures: Considering Bonita Springs, Naples INVESTMENT property? - 10/10/13 10:50 PM
I AM BOB FORMAN LOCAL REALTOR WITH SAND CASTLE REALTY, INC.
A GOOD PERCENTAGE OF MY BUSINESS COMES FROM INVESTORS BUYING AND SELLING THROUGH ME. HOW WE DO IT IS WE SELECT A PROPERTY IN AN AREA THAT NEEDS MAJOR WORK AND ONCE WE HAVE AN ACCEPTED OFFER AND CLOSE WE HELP OUR INVESTORS WITH CONTRACTOR SELECTION, UPGRADE IDEAS AND MORE, MY WIFE IS AN INTERIOR DECORATOR. CONTACT ME NOW BOB FORMAN 239-322-7672 OR EMAIL ME AT BFORMAN@BUYFLORIDARE.COM. SEE ALL LISTINGS:http://buyfloridare.com/
JUST A FEW EXAMPLES OF WHAT WE HAVE DONE.
9843 COSTA MESA LN paid 75,000 sold 128,000
27679 TENNESSEE ST … (0 comments)

 
Bob Forman, Working 7 days a week for my clients & staff. (Lannon Stone Realty, LLC)

Bob Forman

Working 7 days a week for my clients & staff.

Sussex, WI

More about me…

Lannon Stone Realty, LLC

Address: 34135

Mobile: 239-322-7672

Email Me

Real Estate information mostly about SW Florida to include Naples, Bonita Springs, Estero, Fort Myers, Cape Coral, Lehigh Acres and more.


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