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Facing capital gains on investment property? Here’s one way to defer taxes

Facing capital gains on investment property? Here’s one way to defer taxes. WASHINGTON – Feb. 13, 2012 – “Taxation with representation ain’t so hot either.” – Gerald Barzan, humorist If you own investment property, Read More...
Posted Monday, February 13, 2012 4:09 PM by Chaim Gleitmann CIPS | 0 Comments

Florida’s housing sales activity higher as 2011 ends

ORLANDO, Fla. – Jan. 20, 2012 – At the close of 2011, Florida’s existing home and condominium markets reported higher sales compared to the previous year, according to the latest housing data released by Florida Realtors®. It was Read More...
Posted Monday, January 23, 2012 1:54 AM by Chaim Gleitmann CIPS | 0 Comments

Existing-Home Sales Continue to Climb in November

Washington, DC, December 21, 2011 Existing-home sales rose again in November and remain above a year ago, according to the National Association of Realtors®. Also released today were periodic benchmark revisions with downward adjustments to sales Read More...
Posted Wednesday, December 21, 2011 10:13 AM by Chaim Gleitmann CIPS | 0 Comments

CoreLogic: Fewer U.S. homes have negative equity

SANTA ANA, Calif. – Dec. 1, 2011 – CoreLogic released data yesterday that showed 10.7 million residential properties with a mortgage, or 22.1 percent, had negative equity at the end of third quarter 2011. That’s down slightly from 10.9 Read More...
Posted Thursday, December 01, 2011 8:35 PM by Chaim Gleitmann CIPS | 0 Comments

SAR Monthly Statistics Released for March 2011

Sales in the Sarasota real estate market reach highest level in six years Total property sales in the Sarasota real estate market hit 800 for the month of March 2011 - the highest level since September 2005 when sales started to decline. The other great Read More...
Posted Thursday, April 14, 2011 11:18 AM by Chaim Gleitmann CIPS | 0 Comments

SAR Monthly Statistics Released for December 2010

Sales surge in December 2010 and prices remain stable The Sarasota real estate market saw a big surge in December sales, from 534 in November to 681 last month for a 27.8 percent increase. In addition, the median sales price for both single family homes Read More...
Posted Monday, January 17, 2011 11:55 AM by Chaim Gleitmann CIPS | 2 Comments

Local market enjoys sales, price rise in November 2010

November 2010 saw resurgence in the Sarasota real estate market , with more sales and higher median sale prices indicating a healthy seasonal boost. There were 534 total sales reported last month, compared to 487 in October 2010 and 553 in November 2009. Read More...
Posted Tuesday, December 14, 2010 2:04 PM by Chaim Gleitmann CIPS | 0 Comments

Strong rebound in pending home sales

WASHINGTON – Dec. 2, 2010 – Pending home sales jumped 10.4 percent in October, showing another positive uptrend since bottoming in June, according to the National Association of Realtors® . The Pending Home Sales Index (PHSI), a forward-looking Read More...
Posted Friday, December 03, 2010 11:32 AM by Chaim Gleitmann CIPS | 0 Comments

SAR Monthly Statistics Released for October 2010

Pending sales spiked by 10 percent in October 2010 in the Sarasota real estate market , signaling more closings in future months as the season begins in southwest Florida . There were 819 total pending sales reported last month, compared to 744 in September Read More...
Posted Wednesday, November 17, 2010 10:30 AM by Chaim Gleitmann CIPS | 0 Comments

Basics of Buying Real Estate Short Sales

Over the last several years, short sales have received a substantial amount of attention. This type of transaction is done when the seller owes more on his or her mortgage than the value of the property. The lender essentially agrees to accept less than Read More...
Posted Monday, March 15, 2010 11:02 AM by Chaim Gleitmann CIPS | 0 Comments

Premium Properties Sarasota Global Services

Xena Vallone Realtyis a full service, Sarasota area, Real Estate company offering Residential, Commercial, Property Management, Leasing and Land acquisition. Our team of experienced real estate professionals provides unparalleled expertise in the unique Read More...
Posted Saturday, January 02, 2010 9:56 AM by Chaim Gleitmann CIPS | 0 Comments

How to Separate a Good Short Sale Opportunity From the Rest

Not every troubled mortgage makes for a good Short Sale opportunity. There are things Investors must look for with regards to the homeowner, the house and the Lender to determine if a Short Sale is appropriate. Here are a few key factors. The Home Owner: Read More...
Posted Sunday, December 20, 2009 10:56 AM by Chaim Gleitmann CIPS | 0 Comments

Shortsales: The Real Story

Short sales are not new. Lenders have been doing them for years. However, due to the increase in mortgage delinquency due to our current economic situation, the lenders are now inundated with request for short sales. Bank of America, Chase and Wells Fargo Read More...
Posted Sunday, November 08, 2009 11:19 AM by Chaim Gleitmann CIPS | 0 Comments

Are You Prepared to Buy Your First Home?

The Boy Scouts’ motto is “Be prepared!” It’s also great advice for first-time home buyers. Purchasing a home is one of the biggest decisions you’ll ever make, so it’s important to be prepared. Here are some things to Read More...
Posted Tuesday, November 03, 2009 12:46 PM by Chaim Gleitmann CIPS | 0 Comments

Rebuilding credit after foreclosure or short sale

The ideal of homeownership may have lost its attraction to the millions of underwater owners who have lost homes during the housing meltdown. But it is never too soon for folks who have given up their homes to start pointing to the day when they will Read More...
Posted Sunday, November 01, 2009 5:13 PM by Chaim Gleitmann CIPS | 1 Comments
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