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More Americans want a smaller home in the suburbs
NEW YORK – Dec. 6, 2010 – McMansions are rapidly becoming the housing equivalent of harvest gold appliances as more Americans opt for smaller residential footprints, according to a consumer lifestyle survey. In the Relocation.com lifestyle Read More...
NAR wants FICO credit scoring model revised
WASHINGTON – Nov. 24, 2010 – The 1.1-million-member National Association of Realtors (NAR) is calling on Fair Isaac Corp., developer of the FICO score, to take immediate action to mitigate the negative impact on consumers when banks suddenly Read More...
Moody’s hopeful on recovery, notes pent-up Florida demand
The pace of the national recovery is moderating and the lift spurred by nearly $800 billion in federal stimulus spending is fading, but there are several promising signs that growth will continue, including in Florida, a leading national fiscal analyst Read More...
Pending home sales slip - modest recovery in 2011
Pending home sales slip - modest recovery in 2011 NEW ORLEANS - November 5, 2010 - Pending home sales dropped out after two monthly increases, signaling an uneven recovery entering the year 2011 with few near term disruptions from the foreclosure moratorium, Read More...
Appraisals continue to be low and sink some deals
With foreclosures a large share of property sales in some areas, appraisers continue to factor in the sale price of foreclosed properties when setting values of regular properties. Appraisers are aware the practice isn’t ideal, but in some markets Read More...
Mortgage rates match low of 4.32%
Mortgage rates for 30 years found the lowest in decades, and prices for 15 years, the loans fell to their lowest point in nearly 20 years. Mortgage buyer Freddie Mac said Thursday the average 30-year fixed loan fell to 4.32 percent, the lowest record Read More...
Congress has promised to limit nearly $730K
October 1, 2010 - Congress has extended a policy that allows housing market expensive real estate, mortgages backed by the government to guarantee nearly $ 730,000. The legislators of the Congress voted to maintain the maximum amount of loans guaranteed Read More...
More International Buyers for Florida
A number of factors have contributed to the decline in home sales nationally and in Florida in particular, but the growing importance of foreign buyers has offset some of the damage. About two of three real estate agents of the state had at least one Read More...
Five Star Professional - New Designation
I am pleased to announce that I have earned a new designation, that of Five Star Professional, from the Five Star Institute for Default Servicing Professionals. The industry-recognized Five Star Professional (FSP) Designation gives real estate professionals Read More...
SFR - New Designation
I'm pleased to write that I have earned a new designation, with additional training and education - the Short Sales and Foreclosure Resource, or SFR. Short sales are now the "new normal" transaction. According to the National Assn. of Realtors, Read More...
Green Buying Remains Important
Even with the economic problems in the country, most US buyers are still committed to "buying green" and building a more sustainable future. In a recent poll, more than 2/3 of those who purchase "green" products or services said their Read More...
Driving on the Beach? Yes, for a price
There aren't many places in the country with a wide and long and hard enough beach to drive on - places in Oregon maybe, a couple in Washington - and Volusia County. About 17 of the 47 miles of county beaches are open for driving. A day pass costs Read More...
CDPE Designation - I'm Now Certified
OK, what the heck is a CDPE? It's a Certified Distressed Property Expert , and I finished the course today. Read all about the Distressed Property Institute and what they hope to accomplish at their web site. I decided since I've been helping Read More...
Daytona Beach - a Destination for Family Fun
A recent post on the American Chronicle by Thomas Scopel could be part of our Chamber of Commerce publicity - he raves not only about the place, and events, and weather, but about what a great place Daytona has become for a family vacation. He begins, Read More...
Home Trends are Changing
Just read a good blog post by Styled, Staged & Sold about the changing fads in home design. Remember the avocado appliances? The shag carpet? Look for these 6 fads to lose favor in the coming year: 1. Fireplaces - already down from 62% in new homes Read More...
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