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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

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 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

Pending home sales rise

WASHINGTON – Sept. 2, 2010 – Following a sharp drop in the months immediately after expiration of the homebuyer tax credit, pending home sales have modestly risen, according to the National Association of Realtors® (NAR). The Pending Home Read More...
Posted Friday, September 03, 2010 10:13 AM by Chaim Gleitmann CIPS | 0 Comments

What Are the Differences Between Foreclosure and Short Sale?

Once you fall behind your mortgage payments, you would be confronted with certain repercussions. For one, you might be on the verge of losing your home. Other home owners in a difficult position like you are in dire need of rescue on what to do to save Read More...
Posted Saturday, April 10, 2010 11:38 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

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

Top Ten Problems To Avoid When Buying Real Estate

To the great relief of many people, both inside and outside the real estate industry, it seems like the worst part of the sagging real estate market could be behind us. It’s dangerous business attempting to foretell market movements (see below) Read More...
Posted Saturday, November 14, 2009 5:25 PM 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

How To Negotiate The Price As A First Time Homebuyer

After you’ve spent enough time doing all of the research about your prospective home and are comfortable with working with the seller , it’s time to make the offer. However, the home buying offer isn’t the end of the sales process ; Read More...
Posted Sunday, October 25, 2009 4:34 PM by Chaim Gleitmann CIPS | 0 Comments

Are Short Sales Anything but Short?

For buyers, short sales are a way to get a bargain. For upside-down homeowners, they are a way to avoid foreclosure . But for pretty much everyone involved, short sales are not a way to buy a house quickly. But short sales can be anything but short. Unless Read More...
Posted Saturday, October 24, 2009 5:28 PM by Chaim Gleitmann CIPS | 0 Comments

Housing to Bottom Out in March

Is the pain almost over? First American CoreLogic is predicting that its U.S. home-price index will bottom out in March. The Santa Ana, Calif.-based research firm said the index in August was down 10.1% from a year earlier. That represented a slowing Read More...
Posted Friday, October 23, 2009 8:17 AM by Chaim Gleitmann CIPS | 0 Comments
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