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Dear Seller - Ten Sure Fire Ways to Distract Buyers from Focusing on Your Home. This may seem a bit harsh but it is just plain speaking honest commentary regarding my experience as a buyer's agent. The statements below are taken directly from the Read More...
Are you wondering why it takes so long to get short sales approved? The real reasons may be very different from what you might believe. It would seem when prices are down and millions of homeowners owe more than their home is worth that it is in everyone's Read More...
Freddie Mac Eases Rules for Some Florida Condos Freddie Mac said on Wednesday it would relax some rules that have made it harder to get mortgages for condominium units in Florida. The move could make it easier for some owners to sell their units. Last Read More...
President Obama is announcing an expansion of foreclosure-prevent tactics, including a plan to reduce principal balances and special aid for unemployed borrowers. The bulk of the responsibility for carrying out the new program will be assigned to the Read More...
You have to be joking, right? Are you telling me that bidding wars are starting to occur for homes for sale? In case you fell asleep for about 5 years, this isn’t 2004. In all seriousness, this market is changing and local pro’s can feel it Read More...
As a real estate agent, I sometimes forget that all of the new terminology at the forefront of our market may not be well understood. In an effort to clear things up and make sense of it all, I have decided to educate everyone on the legalese behind the Read More...
Top 10 Home Buying Tips For Short Sales – A Guide To Understanding Short Sale Foreclosure Real Estate Modern homebuyers will inevitably come across one or more properties currently classified as a short sale. A short sale is an attempt by the current Read More...
The Highway To Market Recovery Is Well Mapped Residential markets will follow same road, but at different speeds. Anyone who has ever driven a car knows what it feels like to be lost, men included, even if they won’t admit it. People are feeling Read More...
The federal government made the subprime mortgage mess inevitable when it imposed social engineering rules on private mortgage contracts. The long process began with the 1975 Home Mortgage Disclosure Act (HMDA), the 1977 Community Reinvestment Act (CRA) Read More...
The upside of Florida Real Estate: 20 market positives Let’s take a look at some of the opportunities and positive indicators for the future of Florida’s real estate market. Long-term economic and demographic trends continue to favor Florida. Read More...
There is no doubt we NEED Tax Reform! There is no doubt that our Legislature in Florida has FAILED to do anything meaningful! We need HELP!!! Property Owners pay more than their share of taxes. Non-Homestead Property Owners are penalized with outlandish Read More...
Look at the statistics on foreclosures: 98.7% of mortgages are NOT in foreclosure. 97.4% of mortgages are paid on time 1.28% of mortgages ARE in foreclosure. Only 10% of mortgages are subprime loans. 8% of subprime mortgages are in foreclosure or delinquent Read More...
SOUTHEAST FLORIDA HOUSING STATISTICS Month TTL / NEW / SALES / % SP/LP / AVG DOM May '07 75,828 18,110 3532 81% 106 June '07 107,249 16,495 3245 82% 151 Read More...