U.S. homes continue to be popular to foreign investors, as shown in the increased percentage of home sales to foreign buyers in the 12-month-period ended March 2010.Over the 12-month period, sales of…
Category: Market Trends
Buyers of Bank Owned Homes in Florida Got 38 Percent Discount
People who bought bank owned homes in Florida in the first quarter this year got an average price discount of 38 percent, according to a RealtyTrac report. Those who bought short sale…
Four Types of Insurance You Should Have at Closing
You need four types of insurance when buying a home, according to the commercial general liability insurance recommendations and you need to have them at closing. Title Insurance This policy protects you…
27 Percent Discount for Distressed and Foreclosed Homes
The nearly 233,000 distressed and foreclosed homes sold throughout the country in the first three months this year were sold at an average discount of 26.7 percent, based on a report from…
Builders Cutting Home Prices to Step up Sales
Across the country, home builders are again cutting home prices to step up sales and reduce their inventory. After the federal tax credits ended on April 30, the pace of sales slowed,…
Great News about Florida Surmounts Oil Spill Issues
Much of the noise about Florida now in the mass media is about the Gulf Coast oil spill and its effects on everything from fishers and homeowners to top BP executives invading…
Fannie Mae’s Warning Makes the Case for Short Sales
If you’re contemplating walking away from your mortgage, particularly if your loan is backed by Fannie Mae, weigh thoroughly your options. If you’re really distressed, short sales may be the better alternative….
Slowdown in Pinellas Foreclosures Helped Cut Statewide Numbers
The number of distressed Florida homes in May dropped by 14 percent over the year due in part to the decline in Pinellas foreclosures. In May, foreclosure filings in Pinellas dropped by…
VA Loans – Among the Best Home Loans Available
Find out if you qualify for a VA loan because it’s among the best home loans available. VA loans are desired greatly because of the following: Zero down payment Because the VA…
Buyers See Profit Opportunities in Tampa Condos
The improvements in sales and prices of pre-owned Tampa condos in April showed that investors continue to see great profit opportunities in the Tampa condo market, particularly distressed properties. There were 1,031…