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April 2010 - Posts

Real Estate Sales Numbers for March, 2010
Florida's existing home sales rose in March, which means that sales activity has increased in the year-to-year comparison for 19 months, according to the latest housing data released by Florida Realtors. Existing home sales increased 24 percent last Read More...
Baby Boomers will Continue to be Mobile
A new survey by Del Webb concludes Baby Boomers are willing to move to a new place when they retire. Del Webb has conducted 10 Baby Boomer surveys since 1996 in an effort to understand the attitudes and opinions of this generation. “Retirement marks Read More...
810 Reed Canal Rd in Palm Grove Back on Market
Palm Grove, South Daytona - 810 Reed Canal Rd, a 1,617 sq. ft., 2 bath, 3 bdrm single story. Now MLS® $134,900 - Price Reduced. Property information Read More...
Mortgage Rates on the Rise
The average rate on a 30-year loan has jumped from about 5 percent to more than 5.3 percent in just the past week. As mortgages get more expensive, many homeowners who need a certain low rate to purchase may be priced out of the market. The average rate Read More...
Distressed Sales Rise Again Nationwide to 29% of All January Sales
According to First American CoreLogic, distressed home sales - such as short sales and real estate owned (REO) sales - accounted for 29 percent of all sales in the U.S. in January: the highest level since April 2009. The peak occurred in January 2009 Read More...
Vacation Home and Investment Sales in 2009
The 2nd home and investment purchase make up a large portion of the Florida real estate sales. NAR's (National Assn of Realtors) 2010 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2009, shows vacation-home Read More...
Freddie Mac to Ease Lending Rules on FL Condos
Freddie Mac will try to shore up the battered Florida condo market, waiving lending rules that made it harder to buy and sell units in many condo buildings. Freddie Mac said Wednesday it will back mortgages on units in financially troubled condo developments Read More...