The Pending Home Sales Index is an index used by the National Association of Realtors based on contracts signed and is a forward looking indicator. October 2009 showed a 3.7% increase from September 2009 and a 31.8% increase over October 2008.&...
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The price paid compared to listing price has been shrinking consecutively for the past 9 months according to Zillow. The median for October was 2.7% or approximately $5,741 savings for the buyer on a median price of $190,400.
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New Short Sale Rules from U.S. Treasury are intended to speed the short sale process. Unfortunately, the new rules are not effective until 4/5/10 but lenders are encouraged to use them now. The new rules do not lessen the paperwork needed but ...
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Zip Realty reports number of Home Listings Declines More than 2% and 17 consective months of declining housing inventory nationally. There are reported to be 27.64% down from a year ago with Jacksonville down 13%. Following is a snapshot of th...
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This $3.5 Billion loss for the first 11 months of 2009 is great news when compared to the $14.9 Billion loss in 2008 according to zillow. 48 markets show gains in home value in 2009, Boston had the largest gain and Los Angeles the largest loss....
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The unwanted honor of the top three areas of Most Overpriced Homes belong all in Florida: #1 Orlando-Kissimmee, FL #2 Miami-Fort Lauderdale-Pompano Beach, FL and then Jacksonville, FL as #3. Their predictions are based on the fact that th...
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The 2009 National Association of Realtor Profile of Home Buyers and Sellers came up with some important information if you are wishing to sell your home. •They found that 90% of all buyers used the internet to search for homes. •8...
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I have yet to come across Chinese Drywall in Jacksonville Florida but that is not saying it is not here. I recently read an article by Allison Grant of chinesedrywall.com and wanted to pass on the information. Just because there is no od...
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