Fla.’s housing market: Prices, listings rise in April

  NAR: April existing-home sales show modest improvement, inventory gains ORLANDO, Fla. – May 22, 2014 – Florida's housing market reported dual transactions, more new listings and a slight rise in inventory in April, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 21,385 last month, up [...]

May 28th, 2014|

Great Article On the Perils of Selling to Buy

I have managed several dual transactions- meaning that you must SELL your current home to BUY your dream home.  This process can be smooth sailing, if you have a professional helping you.  If you are looking to relocate within Lee County, please read this- then take a deep breath and call me. DAILY REAL ESTATE [...]

May 27th, 2014|

There is some (slightly) good news hidden in here about foreclosures

FLORIDA STILL HIGHEST IN NATION FOR FORECLOSURES; FILINGS UP IN COLLIER COUNTY The state of Florida posted the highest foreclosure rate in the U.S. for the seventh consecutive month in April, according to a study released today by housing analytics company, RealtyTrac (www.realtytrac.com/content/foreclosure-market-report/april-2014-us-foreclosure-market-report-8059). One in every 400 housing units in Florida had a foreclosure filing [...]

May 22nd, 2014|

First Time Homebuyer? Worried about down payment? READ THIS!!!

60 Percent of First-time Buyers Put Down 6% or Less   About 60 percent of first time home buyers put down 6 percent or less, according to the March REALTORS® Confidence Index. This is down from about 74 percent in 2009. Under tight underwriting standards, REALTORS® have reported that buyers who pay cash or put down [...]

May 21st, 2014|

Prices Increasing in 2014, but projected to slow down

CoreLogic Case-Shiller find 11.3% home price rise   IRVINE, Calif. – May 13, 2014 – CoreLogic released its analysis of home price trends during the fourth quarter of 2013. It covers more than 380 U.S. markets. The CoreLogic Case-Shiller Indexes estimate that home prices increased by 11.3 percent in fourth quarter 2013 compared year-to-year. Overall, [...]

May 20th, 2014|

Slowing price appreciation- not a bad thing

Home price gains slow for third straight month WASHINGTON (AP) – April 29, 2014 – U.S. home price gains cooled in February from the previous year for the third month in a row, as harsh winter weather and high buying costs have slowed sales. The Standard & Poor's/Case-Shiller 20-city home price index rose 12.9 percent [...]

May 17th, 2014|

Who are all these people paying cash for their houses?

Cash sales up – distressed sales and investors down   WASHINGTON – May 9, 2014 – The market share of all-cash purchases is on the rise, despite declines in distressed sales and investor activity, according to the National Association of Realtors® (NAR). The results spring from an analysis of data collected for the latest Realtors [...]

May 15th, 2014|

Thinking of Selling? Everyone else is. Call me and let me help

Survey: More owners think it’s a good time to sell   WASHINGTON – May 8, 2014 – Americans' outlook toward the housing market continued to improve in April – and perhaps foreshadow an increase in housing activity in the coming months – according to results from Fannie Mae's April 2014 National Housing Survey. The share [...]

May 12th, 2014|

Cape Coral Price Increases SLOWING….

Florida sales RealtyTrac found a 1 percent increase in March home sales month-to-month and also a 1 percent increase year-to-year. It found a statewide price decline of 2 percent month-to-month, but an 11 percent price increase year-to-year. In some cities, prices continue to rise but at a slower pace. RealtyTrac points to Cape Coral-Fort Myers, [...]

April 29th, 2014|

Freddie Mac: Fla. most-improved state in past year

Freddie Mac: Fla. most-improved state in past year McLEAN, Va. – March 28, 2014 – Freddie Mac released its first-ever Multi-Indicator Market Index (MiMi), a new tool that monitors and measures the stability of the nation’s housing market. MiMi strives to calculate a range of equilibrium for each single-family housing market covered; it will be [...]

April 3rd, 2014|
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