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Perhaps you’ve found a house, or maybe you’ve just started the house hunt, but regardless of where you are in the home-buying process, you need to consider some key questions before you even think about making an offer. Buying a home is a Read More...
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...
WASHINGTON (AP) – Dec. 20, 2011 – A surge in apartment construction gave U.S. builders more work in November. But 2011 is still shaping up to be one of the worst years in history for homebuilders. The Commerce Department says builders broke Read More...
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...
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...
Existing-home sales were sharply lower in July following expiration of the home buyer tax credit but home prices continued to gain, according to the National Association of EALTORS® www.realtor.org , which are completed transactions that include single-family, Read More...
Three Reasons to Buy a Home Now Stocks are up 50 percent from the March 2009 bottom. Some commodities have risen dramatically. The only asset class left in the cellar is real estate , says Michael Murphy, editor of the New World Investor stock newsletter. Read More...
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...
Property sales up 49 percent in February 2010; pending sales spike Overall property sales reached 528 in the Sarasota market in February 2010, up nearly 49 percent over February 2009, and pending sales were also strong at 967 - the second highest total Read More...
When do borrowers walk away from their homes? More often, it’s when the bank can’t go after them. A new study shows that mortgage defaults are higher in states where banks can’t pursue a defaulted borrowers’ assets in court, suggesting Read More...
Mental Recession Redux? September 25, 2009 by Brian Summerfield · 1 Comment Filed under: Economics , Mortgage Financing By Brian Summerfield, Online Editor, REALTOR® Magazine In July 2008, in the heat of the presidential election, McCain campaign Read More...