This category currently has 41 blog entries.
There are not enough lenders and loan programs available for a viable real estate market. Inman News sums it up very succinctly in the following quote: "The secondary mortgage market for nonconforming and subprime loans has collapsed, so those...
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44% believe the new president will improve the housing market per a study by Harris Interactive. John Tuccillo, former National Association of Realtors chief economist, is quoted as saying "Consumer confidence tends to rise whenever there is a ...
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For the past few weeks there has been confusion about how much should be paid by the home seller in deed stamps on a short sale. A new Florida Dept of Revenue ruling has clarified the matter and saved Floridians money. In Northeast Florida, th...
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It is great to know that the government is able to confirm what we all felt this summer in the real estate market with the recent release of the July 2008 numbers. July 2008 numbers were worse than June 2008 according to the Office of Federal Housin...
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Rates Are Expected to Come Down "Mark Zandi, chief economist at Moody's Economy.com predicted that 30-year mortgage rates, currently averaging 6.35 percent nationwide, could dip to close to 5.5 percent." John Couson, chief operatin...
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In a six month analysis of median sales price fluctuations, eppraisal.com ranked Jacksonville #63 out of 188 metro areas for having a median sales price of $186,400 that is up 5.6% from June 2008. (Those areas with the greatest in...
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We may be seeing the first step in the "bottoming" of the market as reported by the quarterly forecast for mortgage risk by First American CoreLogic. In this first chart below we can see that the House Price Appreciation Trend (or deprecia...
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The market is looking up in the near future. Pending Home Sales Index which predicts upcoming sales rose 5.3% in June but is still 12.3% below last year. What is more outstanding is that the Index rose 9.3% in the South; the best inc...
136 Views, 0 Comments.
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