Bob Forman's Real Estate Blog

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Real Estate Agent - Lannon Stone Realty, LLC - 84880 - 94
I will share my thoughts on SW Florida plus information on property that I hope my readers will find useful. All feedback and comments are more than welcome. Thanks, Bob
SAN FRANCISCO – Nov. 15, 2013 – After several years of slow-moving growth the commercial real estate market is in a recovery mode as transaction volume increased 27 percent over a year ago and prices display solid gains, said National Association of Realtors® (NAR) Chief Economist Lawrence Yun du...
SEATTLE – Nov. 14, 2013 – Nationwide, homes listed for sale on real estate marketplace Zillow sold a month faster in September 2013 than they did in the same month on year earlier – 86 days compared to 116 days in September 2012. The fastest home turnover markets in the U.S., according to Zillow,...
SAN FRANCISCO – Nov. 13, 2013 – Before the property investment deal is sealed, a seller should ask himself one important question: Do I know if I’ll owe taxes on the sale of the property, even if I’m taking a loss on it? That question might be key to avoiding a common misconception: no profit mea...
SAN FRANCISCO – Nov. 12, 2013 – The dollar volume of home sales will rise modestly next year, but that growth will stem entirely from increased home prices, NAR Chief Economist Lawrence Yun told a forum Friday at the Realtors Conference & Expo. Tight underwriting by lenders, low inventories in ma...
Whether you are a 1st time investor or a repeater typically the same rules should apply to make a good return on investment. Many would be investors who are not given proper guidance end up buying a property that they get buried in and either make little or no profit. How do you avoid this you as...
Lehigh Acres is one of the most inexpensive places in the country to buy a four-bedroom house — and that simple fact has led to big changes for the community. A survey released Wednesday by Coldwell Banker Real Estate ranked Lehigh second in Florida and 20th nationwide at an average price of $111...
TALLAHASSEE, Fla. – Nov. 4, 2013 – Good news for Florida homeowners: There are signals that the cost of home insurance could at least be stabilizing, with some insurers now filing requests to reduce their rates. Starting in July, insurance companies have filed at least nine requests for rate decr...
ORLANDO, Fla. – Nov. 8, 2013 – The Mormon church stands to own nearly 2 percent of Florida by completing a deal to buy most of the real estate of the St. Joe Co. for more than a half-billion dollars. The megapurchase was announced jointly Thursday by a corporate representative of church, which ow...
WASHINGTON – Nov. 8, 2013 – Sequestration could mean a $20 billion loss of defense funding for fiscal 2014 and possibly include a reduction in the allowance military families receive to help them pay for shelter. Many military households apply their housing allowance to home buying or renting. Th...
NEW YORK – Nov. 7, 2013 – For the last few years, buyers have been hard-pressed to land a mortgage if they didn’t have a 20 percent down payment, unless they turned to the Federal Housing Administration’s (FHA) low down-payment loans. But a growing number of banks now offer loans with just 5 perc...

Bob Forman

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