December 2011
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November 2011
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“We see the job growth and economic growth in Orlando to be much more supportive...”
– Michael Wolf, 41 the vice president of land acquisition for luxury-homebuilder Toll Brothers speaking about plans to invest more in the purchase of land in Orlando
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Orlando Home listings edge up
Existing home sale prices for the Orlando area held steady from September to October but it was the first time in more than a year since the number of houses on the market actually increased, according to a report released Tuesday by the Orlando Regional Realtor Association.
The median price for a house in an area that mostly consists of Orange and Seminole counties was $112,700 in...
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New rules aim to simplify refinancing for troubled...
If you are a troubled homeowner hoping to refinance, pay attention next Tuesday as details come out on a new federal program that could make it easier starting in late December or early in 2012. In the meantime, be sure you keep up with your mortgage payments so that you can qualify for the new deal. Even if you missed payments in the past, it can help to be current going forward, said...
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Excited my advice was featured in FORBES!! →
So excited to recently find out that real estate advice I gave a few months back was featured in Forbes online. Yea!
The direct link to the article is here: http://www.forbes.com/sites/investopedia/2011/05/31/10-reasons-you-shouldnt-skip-a-home-inspection/2/
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More Good News for The Real Estate Market :)
Pending home sales index rises from one year ago
A monthly index that tracks pending sales of U.S. resale homes rose in September compared to a year ago, while falling on a month-to-month basis, the National Association of Realtors reported today.
Also today, NAR released its latest forecast report for 2011 and 2012, revising up an earlier prediction for U.S. real gross domestic product...
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October 2011
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Will Stated Income Loans Ever Come Back?
Here is a recent question that keeps coming up to one of our savvy local lenders and his response:
Client : “Do you think that stated income loans will ever make a comeback?”
Scott the lender: “The existence of stated income programs as well as other “exotic” products was a key contributor to the real estate boom. These products were also the key contributor to the...
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“I am going to have to put armed guards around my homes! Thieves are trying to...”
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5 Reasons to Love Your Small Home :)
A small home packs plenty of perks, and generally means a lower asking price. But entry price is only one factor—they’re easier on the pocketbook in a host of ways.
1. Lower property taxes. Your small home will be charged at a lower tax rate than its larger neighbors because the assessed value generally is lower. 2. Lower property insurance. The smaller the house, generally the lower the...
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The Joys of Homeownership
Today’s experts spout off the latest statistics about long-term wealth, home values, and interest rates, yet there’s a much more sentimental side to homeownership. In fact, many home buyers are drawn to homeownership for these warm and fuzzy reasons.
Owning a home allows you to put down roots, both figuratively and literally. On one hand you become part of a neighborhood and...
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Prefab Ridiculous!
The idea now a days is to buy land and resurrect a low cost high efficient prefab home…When you move, take the crib with you. This will be one of many that I personally will begin to showcase. Greenliving is sexier and more cost efficient than ever. Lets create out future.
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September 2011
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Prices On The Rebound?
Fewer real estate agents expect price drops
EMERYVILLE, Calif. – Sept. 19, 2011 – Most real estate professionals and homeowners expect home values to decrease or stay the same through the end of the year, according to HomeGain’s third quarter survey. While the outlook remains dour, however, a higher percentage of real estate agents seem to think their market area has hit bottom and is rebounding....
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