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SAR Monthly Statistics Released for January 2012

Pending sales spike in January 2012; prices also rise The new year started with a 38 percent jump in pending sales from the previous month, as reported by members of the Sarasota Association of Realtors® - a strong indicator for a successful 2012 Read More...
Posted Thursday, February 16, 2012 1:57 PM by Chaim Gleitmann CIPS | 0 Comments

Nearly 100 house markets improving

WASHINGTON – Feb. 6, 2012 – The list of housing markets showing measurable improvement expanded by 29 metros in February for a total of 98 entries on the National Association of Home Builders/First American Improving Markets Index (IMI). With Read More...
Posted Monday, February 06, 2012 2:53 PM by Chaim Gleitmann CIPS | 0 Comments

2011’s foreclosures lowest in four years

RealtyTrac released its Year-End 2011 U.S. Foreclosure Market Report today. It shows a total of 2,698,967 foreclosure filing actions – default notices, scheduled auctions and bank repossessions – reported on 1,887,777 U.S. properties in 2011, Read More...
Posted Friday, January 27, 2012 2:34 AM 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

U.S. foreclosure rate lowest since pre-recession

NEW YORK (AP) – Jan. 12, 2012 – About 1.9 million homes entered the foreclosure process in 2011, the lowest level since 2007 when the recession began, according to a report Thursday by the foreclosure listing firm RealtyTrac Inc. The firm Read More...
Posted Friday, January 13, 2012 12:09 PM by Chaim Gleitmann CIPS | 0 Comments

Foreclosure Deficiency Judgments

As the foreclosure crisis continues to affect the real estate market, many troubled homeowners, and even some realtors, may not fully understand the severity of a foreclosure. In a foreclosure situation, the mortgage lender is a secured creditor which Read More...
Posted Wednesday, December 21, 2011 1:05 PM by Chaim Gleitmann CIPS | 0 Comments

Florida’s existing home, condo sales up in January

Image via Wikipedia Florida’s existing home, condo sales up in January ORLANDO, Fla. – Feb. 23, 2011 – Florida’s existing home and existing condo sales rose in January, according to the latest housing data released by Florida Realtors®. Read More...
Posted Thursday, February 24, 2011 9:17 AM by Chaim Gleitmann CIPS | 0 Comments

Pending sales surge in January 2011

Pending sales surge in January 2011 Pending sales in the Sarasota real estate market experienced a major climb in January 2011, from 789 in December 2010 to 1,013 last month for a 28 percent increase. This statistic is a strong indicator for the next Read More...
Posted Thursday, February 17, 2011 4:47 PM by Chaim Gleitmann CIPS | 0 Comments

Florida Realtors Report: 2010 Profile of Home Buyers and Sellers

ORLANDO, Fla. – Jan. 5, 2011 – The 2010 Profile of Home Buyers and Sellers in Florida looks at the traits of the state’s current real estate clients, and it identifies the characteristics of today’s homebuyers. It describes the Read More...
Posted Thursday, January 06, 2011 11:57 AM 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

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

How To Apply For A Reverse Mortgage

How Do I Pay My Reverse Mortgage Back? You will need to pay your reverse mortgage back when the last survivor moves out of the home or passes away, all borrowers permanently move from the home, you stop paying property taxes or home insurance, or the Read More...
Posted Thursday, November 05, 2009 10:52 AM by Chaim Gleitmann CIPS | 0 Comments

What You Must Know About Shortsales

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 overwhelmed with request for short sales. Lenders have been very slow in their response to short sale Read More...
Posted Tuesday, November 03, 2009 12:20 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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