Here is the updated list from Fannie Mae on PERS approved condos as of March 1st. There are a few additions to the list since December. If you remember, Fannie Mae has a task force dedicated to examining projects across the State to get them appoved. Once approved it allows us to do 80% financing […]
Tag Archives: advice
Nine tips to sell your home in 2010
Signs of a recovery in the real estate market indicate this may not be the “Winter of your Discount Tent.” Home sales, value and mortgage applications have risen slightly as mortgage rates stand at a historic low. This slight glimmer of positive news is offset by estimates that about 48 percent of all U.S. mortgages […]
Lifeline needed for underwater homeowners – Is Walking away the only option?
Link To Lifeline Needed For Underwater Homeowners I’m meeting more and more homeowners who just don’t want to wait for the market value of their homes to catch-up to the price they paid or the mortgage they have. If you’re home has a lot of equity and you’re underwater, maybe you are struggling to make […]
Florida’s existing home, condo sales up in October 2009
ORLANDO, Fla. – Nov. 23, 2009 – Florida’s existing home sales rose in October, marking 14 months that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®. October’s statewide sales also increased over sales activity in September in both the existing home and existing condominium markets. […]
Housing Affordability Hovers Near Record-High Level for Third Consecutive Quarter
November 23, 2009—Nationwide housing affordability, bolstered by affordable interest rates and low house prices, hovered for the third consecutive quarter near its highest level since the series was first compiled 18 years ago, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). The HOI showed that 70.1% of all new and […]
Senators differ on extending homebuyer tax credit
WASHINGTON (AP) – Oct. 27, 2009 – Top Democrats in the Senate are pressing a plan that would extend a popular tax credit for first-time homebuyers but gradually phase it out over the course of next year. The proposal, by Majority Leader Harry Reid, D-Nev., and Senate Finance Committee Chairman Max Baucus, D-Mont., would extend […]
New U.S. home sales rise 0.7 percent in August
WASHINGTON (AP) – Sept. 25, 2009 – New U.S. home sales posted a tepid 0.7 percent increase last month, missing Wall Street expectations and providing more evidence that the housing market recovery remains tentative. The Commerce Department said Friday sales inched up to a seasonally adjusted annual rate of 429,000 from a downwardly revised 426,000 […]
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 […]
Maintaining Curb Appeal Through Winter
Winter can pose unique challenges for those trying to sell their homes. Cold weather and the hustle and bustle of the holiday season can keep would-be buyers at bay. That’s why it’s especially important to maintain strong curb appeal throughout the winter months. Curb appeal, of course, is the first impression one gets from simply […]