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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

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 existing home, condo sales up in 4Q 2011

ORLANDO, Fla. – Feb. 9, 2012 – Florida’s existing home and existing condo sales continued their positive trend in fourth quarter 2011, posting gains compared to the same period a year earlier, according to the latest housing statistics Read More...
Posted Friday, February 10, 2012 10:41 AM 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

Five Questions to Ask Yourself Before Deciding to Buy

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...
Posted Monday, January 23, 2012 1:40 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

SAR Monthly Statistics Released for December 2011

Property sales up 8.2 percent for full year 2011; prices stable For the full year 2011, property sales of members of the Sarasota Association of Realtors® jumped by 8.2 percent to 8,224, achieving the highest level since 2005. The surge in sales was Read More...
Posted Thursday, January 12, 2012 10:31 AM 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

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

U.S. housing starts surge, though level remains low

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...
Posted Wednesday, December 21, 2011 9:37 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

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’s real estate outlook perks up in several areas

Optimism has increased slowly but steadily in Florida real estate markets through the fourth quarter of 2010, a new University of Florida survey finds. The fourth quarter Survey of Emerging Market Conditions found improvement in several key categories, Read More...
Posted Thursday, February 03, 2011 11:23 AM by Chaim Gleitmann CIPS | 0 Comments
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