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Archives: August 2009
New Listing in NE St. Pete FL
234 28th Ave. North St. Pete FL 33704
Coldwell Banker offers smartphone app
Coldwell Banker Real Estate LLC has rolled out a custom-built smartphone application the company claims is the first to provide access to international properties. Coldwell Banker’s mobile app — available for the iPhone and smartphones running Google’s Android operating system — provides access to property listings and recent home sales in 28 countries in North […]
2009 Home Buyer and Seller Study Coldwell Banker On Top!
JD Power Award 2009
New Home construction up for fifth month in a row!
WASHINGTON – Aug. 19, 2009 – At least the market for new homes isn’t getting worse anymore, and that’s the first step to getting better. In fact, the overall economy is actually getting a small boost as more buyers walk into model houses ready to sign contracts and builders hire workers to pour foundations and […]
Has the Real Estate Market Bottomed in Pinellas County?
It sure looks like the Pinellas market has bounced from the bottom as a whole. Now there are some neighborhoods which went up so fast that they are still correcting. The inventory levels are still coming down and at this pace we could see a 6 months supply by the end of the year, which […]
Economists pronounce the recession over
NEW YORK – Aug. 13, 2009 – The majority of economists surveyed by the Wall Street Journal say the recession is over and Federal Reserve Chair Ben Bernanke deserves another term. Of the 47 economists the newspaper surveyed, 27 said the recession has ended and 11 predict another trough this month or next. The rest […]
Foreclosure bargains are disappearing
ATLANTA – Aug. 10, 2009 – Buyers of foreclosure have to be quick these days. Some houses go under contract fewer than 90 minutes after they are put on the market, says Brad Geisen, founder of Foreclosure.com. “For every listing that comes out, we have 10 buyers,” says Cesar Dias, an associate with Approved Real […]
Banks express hope for fed short-sale effort
WASHINGTON – Aug. 7, 2009 – The federal government is launching a program to simplify and speed up the short-sale process (about time) by providing standardized documentation, cash incentives to lenders, and a $1,500 moving allowance to borrowers. Holders of second liens will get up to $1,000 to relinquish their claims. Banks say the short-sale […]