Florida Real Estate News
"Cherry-picked" positive
Florida real estate news
Florida is a business-friendly state
"Not only is Florida a great place to call home, it's a great place to do business," says 2009 FAR President Cynthia Shelton. Read more.
Pending sales: 4th straight monthly gain
While positive, NAR's economist says it could have been even better if new appraisal rules had not delayed some closings. Read more.
Mortgage rates fall slightly
Rates for 30-year home loans inched downward to 5.32% but remain above the record lows posted during the spring. Read more.
May home starts jump 17.2%, permits 4%
Experts see it as an encouraging sign that the housing recession is bottoming out. Read more.
South Florida market looking better
Threats still exist, however, says NAR Economist Lawrence Yun, who spoke at Miami's International Real Estate Congress. Read more.
Signs of rebound in commercial sector
Bargain prices are pulling small commercial property investors back into the market, according to analysts. Read more.
Young people find now is time to buy homes
Today's economy and the $8,000 tax credit are helping young people who couldn't enter the housing market a few years ago. Read more.
International buyers believe in Fla.
According to Gerson Lehman Group, international buyers believe the Florida housing market is poised for recovery. Read more.
REALTORS SEE BUYERS RETURNING TO MARKET
"There has never been a better time to buy," says NAR, thanks to low mortgage rates and increased affordability. Read the full story.
HOMEOWNER SURVEY
About 75 percent of Americans think the real estate market has hit bottom and is now bouncing back, according to a consumer confidence study conducted by Zillow.com. But while home values have dropped for about 80 percent of U.S. homeowners, only 60 percent believe their home has seen a decrease. MORE HERE
LIVE WELL IN FLORIDA
Florida has 20 percent of the top 10 small towns for living well, according to a recent survey from Forbes magazine and business relocation specialist ZoomProspector.com. According to Forbes, small cities can be comfortable places to live and great spots to operate a business, so they identified 10 cities and towns with fewer than 100,000 people, favorable business environments and well-educated workforces. The study also took into account natural beauty, salary levels, local restaurants and cultural attractions. Their top 10 towns include, in order:
1. Boulder, Colo.
2. Doral, Fla.
3. Fairfax, Va.
4. Mountain View, Calif.
5. Cupertino, Calif.
6. Newton, Mass.
7. Columbia, Md.
8. Rockville, Md.
9. Coral Gables, Fla.
10. Foster City, Calif.
Source: Forbes
© Copyright 2009 INFORMATION, INC. Bethesda, MD (301) 215-4688
DOWNPAYMENT ASSISTANCE
First-time homebuyers will soon have another option if they want to use their $8,000 tax credit toward a downpayment. According to HUD Secretary Shaun Donovan, FHA-approved lenders will soon be able to issue a short-term bridge loan equal to the tax credit. Buyers will then pay back the bridge loan after receiving their tax refund. Donovan hopes to have the details available within a few days. MORE HERE
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Searching
for the right home to fit your needs or a property for investing
can be tedious and time-consuming.
  Our FREE
Market-Watch Alert Service helps you
keep watch on the real estate market in the same way that you
would track opportunities in the stock market, with daily or
weekly (your choice) email reports on changes in specific types
of commercial, residential or business properties as they come
on the market or when prices are reduced, based on your specific
selection criteria. A licensed Florida Realtor® representative
personally reviews the reports which you receive. Then, when you find the property you're looking for, use our FREE BUYERS AGENT SERVICE to help you negotiate your BEST DEAL!
As a member of this free
service, you will receive
regular email notifications, on a daily or weekly basis, as you
require, advising you of new listings or changes in current listings
of properties in the database coverage area which match
your specifications. You can change the specifications of your search
reports or opt out of this free service at any time. (Data
service area is indicted in GREEN).
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Reports generated from data
provided by Mid Florida Regional Multiple Listing Service and
believed to be accurate as of the time indicated in the report
but no guarantee of accuracy is implied or expressed. Service
is subject to availability of the data sources indicated.
| Listing
Price |
Reduced Price |
Price
Reduction: |
Location |
$582,000 |
$418,000 |
$164,000 |
Lutz (Tampa) |
$479,900 |
$324,900 |
$155,000 |
Tampa |
$347,850 |
$250,000 |
$97,850 |
Tampa |
| $415,000 |
$350,000 |
$65,000 |
Apopka (Orlando) |
$439,900 |
$399,900 |
$40,000 |
Winter Park (Orlando) |
(Examples may not be current)
CONTACT:
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disguises
 
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WHAT TO DO WHEN YOU FIND THE RIGHT PROPERTY:
FREE BUYER'S AGENT SERVICE - Let me go to work for you to get your best deal and to guide you through the purchasing process. I'll help you determine your actual cost, assist you in locating financing, let you know what to expect at closing and answer your questions. There is no cost to you because the commission is paid by the seller.
The seller's real estate agent is working for the seller, and not for you. Their job is to get you to get as much as possible for the seller. My job as your Buyer's Agent is to look out for your interests and negotiate the best price for you. What closing costs should you pay and which should be paid by the seller? My job is to ask the questions that you might not think of until it's too late.
The seller's real estate agent splits their commission with the buyer's agent, but if there is no buyer's agent, the seller's real estate agent retains the full amount of the commission. In other words the other side is paid double for working AGAINST your best interests. The commission remains the same either way. Your buyer's agent fee is already built in, so you might as well take advantage of it. Why not have a professional working on your side?
CALL ME TODAY! 850.579.0795
WE WELCOME EUROPEAN BUYERS
Investeerders van Nederland zijn welkom hier.
De Nederland versie HIER
FIRST-TIME HOMEBUYERS
Tell first-time homebuyers it's time to commit: A provision of the recently-passed
federal housing recovery bill gives first-time buyers an interest-free loan of
up to $7,500 in the form of an income tax credit. The benefit ends June 30, 2009. MORE HERE
MORTGAGE RATES
Rates on 30-year mortgages, which shot up last week to the highest level in nearly
a year, dropped slightly this week to 6.52 percent following passage of the housing
rescue bill.
MORE HERE |
MARKET WATCH: ORLANDO
Are the bargain prices starting to evaporate?
The Orlando housing market is showing signs of recovery.
For the third month in a row, house and condo sales rose on a
month-to-month basis, the number of pending contracts increased
and the inventory declined a bit, according to the latest local
housing data from ORRA. MORE HERE:
INTERNATIONAL MARKET
The U.S. remains an attractive place for foreign investment .
MORE HERE |
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