The banks are not approving many home loan applications, so prospective home buyers are resorting to seller financing and investors are producing cash to be able to snap up deeply discounted beautiful…
Tag: home sales
Florida Homes for Sale Snapped Up by Foreign Buyers
Nearly one-third of all existing homes sold to foreign buyers in the first quarter of 2011 were homes in Florida, according to the National Association of Realtors’ report on international home buying…
Tampa Homes for Sale Topped the Florida Market in February
Existing homes for sale in Tampa were among the most sought after in Florida in February as the Tampa metro area posted the highest number of pre-owned single-family units sold during the…
February Home Sales Characterized by Low Home Prices, Cash Purchases
Total sales of existing homes in February dropped, according to the National Association of Realtors, so let’s look at other real estate figures that are more encouraging: 1. More cash sales Cash…
Investors Snap Up Short Sale Homes, Bank Owned Homes
Investors are snapping up cheap homes, which are typically short sale homes and bank owned homes. As home prices continue to tumble down, investors grab these distressed homes for sale in the…
Record Sales of Tampa Homes Helped Push Up Home Sales Nationwide
Double-digit increases in sales of Tampa homes in January helped push up U.S. home sales during the month, based on the National Housing Report released by ReMax. Home sales in Tampa shot…
Rise in Pending Sales of Existing Homes Gives Hope
There was a surge in the number of buyers who signed contracts to purchase existing homes in the U.S. in October compared to the previous month. This has given hope to a…
Comparing Sales of New and Existing Homes in October
When comparing existing home sales and new home sales announced for the same month, remember that these figures may be representing data during different months. Counting of New and Existing Home Sales…
Notable Home Sales in South Florida in 2010
Despite the current doldrums in the residential real estate sector in Florida and in all other U.S. states, home sales happen that make people notice because of their sales prices or…
Foreigners Now Buying Homes Instead of Stocks
A rising number of foreign investors in U.S. stocks are now buying homes after finding out how low home prices have fallen and how they can earn more from buying homes than…