WASHINGTON Jan. 4, 2010 So you want to sell a home in 2010? Think January, not June.
Not only are prices expected to keep falling, cutting into sellers profits the longer they wait, but demand will be strong early in the year from first-time and move-up buyers looking to qualify for tax credits that [...]
By Gregory Arzumanov
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Sales of existing U.S. homes rose more than forecast in November, to the highest level since February 2007, a sign housing is gaining strength along with the broader economy entering 2010. Purchases increased 7.4 percent to a 6.54 million annual rate from a revised 6.09 million pace the prior month, the National Association [...]
WASHINGTON (AP) Dec. 10, 2009 The number of homeowners on the brink of foreclosure fell in November, the fourth straight monthly decline, as mortgage companies evaluated whether borrowers were eligible for help.
Nearly 307,000 households, or one in every 417 homes, received a foreclosure-related notice in November, down 8 percent from a month earlier, [...]
WASHINGTON Nov. 5, 2009 The $8,000, first-time homebuyer tax credit has not yet been extended beyond its Nov. 30 end date, but its very close to gaining a longer life.
The extension was added as an amendment to an existing bill, HR 3548, that extends unemployment benefits. The U.S. Senate passed that bill [...]
WASHINGTION Nov. 2, 2009 Pending home sales rose again, marking eight consecutive monthly gains the longest streak since measurement began in 2001, according to the National Association of Realtors (NAR).
The Pending Home Sales Index, a forward-looking indicator based on contracts signed in September, rose 6.1 percent to 110.1 from a reading of [...]
ORLANDO, Fla. Oct. 23, 2009 Floridas existing home sales rose in September, which marks more than a year (13 months) that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors. Septembers statewide sales also increased over sales activity in August in both the existing [...]
The respite from rapidly rising insurance rates is ending for Florida homeowners.
State regulators approved an average 19 percent statewide increase for Federated National Insurance. The insurer, a subsidiary of 21st Century Holdings in Lauderdale Lakes, has 30,889 policies in Florida.
Northern Capital Group was approved for a 10 percent hike on the policies it has taken [...]
The New England economy showed clear signs of improvement over the past several weeks as employers began to gain confidence that a recovery is on the way, according to a survey of businesses by the Federal Reserve.
The survey, known as the Beige Book, reported rising home sales in the region and increased demand for temporary [...]
MIAMI Aug. 27, 2009 Real estate agent Dave Gervase recently witnessed an astonishing spectacle: a bidding war for a house in South Florida.
When he showed a home to a client, he discovered that 23 other shoppers had already put in bids. We offered 6 percent over the asking price and lost out, [...]
TALLAHASSEE, Fla. July 8, 2009 Trying to get the $8,000 tax credit downpayment loan to help a homebuyer? Local officials charged with administering the SHIP (State Housing Initiatives Partnership) program and, by extension, the Florida Homebuyer Opportunity Programs (FLHOP) $8,000 tax credit bridge loan peppered state officials with questions yesterday in a conference [...]