Pensacola real estate Blog by Emerald Coast Realty
NW Florida Real Estate Market Blog
ARCHIVED BLOG POSTS
2008
I am very happy to announce that Karl Burger the owner and driving force behind Pensacola Real Estate News has joined ERA Beach Ball Realty. You can see from his website hisis very informed and knowledgeable about the Pensacola real estate market.Karl has a passion for helping people so, real est...
02/28/2008
This morning two pieces of information were presented on CNBC that caught my attention.Prices of existing U.S. single-family homes slumped 8.9 percent in the fourth quarter versus a year earlier, the largest decline in the 20-year history of a national home price index released on Tuesday. The S&...
02/26/2008
The National Association of Realtors (NAR) has recently updated the Code of Ethics and Standards of Practice 12-10 to include more language about the presenting the "true picture" of information on a Realtor's website or in a domain name. There is a very good article Inman news did a on this topi...
02/25/2008
It is becoming too clear that one reason people are going into foreclosure and walking away from their homes is because their property values have dipped below what they owe. This lack of personal financial responsibility is further undermining property values. As real estate professional know th...
02/20/2008
According to the National Association of Realtors (NAR) the number of Florida real estate agents has declined 10.3% from Jane 2007 to January 2008. The decline seems to be gaining momentum since in a one month period (12/2007 - 1/2008) the number of Realtors declined 6.1%. I assume this trend wil...
02/17/2008
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I was reading a post recently on MSN and I saw one post that made a very clear statement regarding the decision of whether to buy in to days market I had to pass it on:"The real estate market is so unpredictable that it is hard to say whether you should buy or wait. For this reason, the best adv...
02/15/2008
As credit requirements are tightening up for buying a home, a good credit score is more important that it has been in many years.Here are seven things you can do:Order a credit report and check it for accuracyBuy your credit scorePay you bills on timeReduce your debtReduce credit card balancesDon...
02/09/2008
Here are the current January residential Pensacola property sales numbers. The number of sales for Jan 2008 is down as compared to 2007 but the good news is we are back to "normal" sales volumes. That is, pre real estate bubble sales volumes, January 2000. More good news is that inventory is down...
02/08/2008
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Relocation firm Sirva Inc. announced that it has entered chapter 11 reorganization to try to survive the real estate down turn. Huge losses and a continued weakness in the real estate market have affected the firms solvency. You can read all of the details of Sirva's reorganization in InmanNews a...
02/05/2008
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This Real Estate Blog is focused on selling condos and homes along the NW Florida Gulf Coast, locally know as the "Emerald Coast".