A review of the nationwide housing market indicates that, for the most part, the majority of areas in the United States are seeing a recovery for residential real estate. It is important to keep in mind that ALL real estate is “local” and there are areas of the country where recovery has yet to take hold. According to Steve Berkowitz, chief executive officer for Realtor.com, … Keep reading... about Broad Based Housing Recovery
Home Buying and Selling
Low-Ball Offers Do Not Work Anymore
In a market where the number of available homes and, consequently, the number of sellers, exceeds the number of buyers, no offer can be ignored. However, in the today's rebounding housing market, making low-ball offers just does not work. In many cases, buyers who make a low offer do not even receive a counter-offer from the seller and may miss out on the property altogether as … Keep reading... about Low-Ball Offers Do Not Work Anymore
Florida Housing Market Review: March 2012
While we cannot classify the Florida housing market as "booming," there have certainly been positive indications that things are headed in the right direction. January and February proved to be good months for the Florida housing market and the month of March contributed to a continued, positive trend. According to the Florida Realtors® latest housing data, "Florida’s housing … Keep reading... about Florida Housing Market Review: March 2012
Selling Your Home? Don't Hurt Your Chances of Getting It Sold!
So you are planning to put your home on the market. You plan on selling, but want to make sure that you generate interest, leave a lasting impression, and "wow" the potential buyers who come inside for a visit. Sounds easy enough; they come in, look around, maybe you plan on telling them the history of the house, or walking them through for a tour. You have cleaned up, but you … Keep reading... about Selling Your Home? Don't Hurt Your Chances of Getting It Sold!
Florida Housing Market Continues on Positive Track
The month of February demonstrated continued, positive trends for the Florida housing market. As the median price and pending sales rose, the inventory of homes dropped in the state of Florida. While existing home sales slipped in the month of February, the number of sales is significantly higher than a year ago. According to Florida Realtors President, Summer Greene, “growing … Keep reading... about Florida Housing Market Continues on Positive Track
Banks Loosen Credit; Housing Crisis Over in 2012?
Real estate owners all around the United States have felt the impact of the current housing crisis and economic recession. As property values have dropped, many home (and condo) owners have been engulfed by a sense of panic and have become uncertain as to whether they should ride out the "economic storm" or simply try and sell their property at a lower value in this buyer's … Keep reading... about Banks Loosen Credit; Housing Crisis Over in 2012?
How to Buy a Foreclosure
When it comes to finding and buying a bank-owned home, it can be very difficult and very stressful for buyers. Over the past year, the "supply of bargain-basement, foreclosure homes shrank, as banks temporarily stopped trying to repossess properties to review possible paperwork errors" (Florida Realtors). This decrease in supply has created an increase in demand, which will … Keep reading... about How to Buy a Foreclosure
Positive Signs for the Florida Housing Market
In the wake of the economic recession that has affected the United States since December 2007, it seemed as if hope was lost for investors and homeowners in the State of Florida. Declining property values, increased foreclosures, and a large inventory of property seemed to plague The Sunshine State and it was difficult for many economists to paint a clear picture as to when the … Keep reading... about Positive Signs for the Florida Housing Market
Housing Market Improving in Florida
According to reports by the National Association of Realtors and the Florida Association of Realtors, sales of existing homes and condos continued to increase in November, 2011. Existing home sales increased 11% over the same period in 2010 with a total of 12,993 sold statewide. Condo sales increased by 2% over 2010, 5,590 units sold. Also in the news, Florida had the second … Keep reading... about Housing Market Improving in Florida
North Port Florida Real Estate Sales Statistics Sept 26, 2011
North Port Florida Real Estate Sales Stats SINGLE FAMILY HOMES North Port, Florida Single Family Home Sales, last 30 days: 106, Average sale price $100,910, 97.2% of list price. 47.2% of all Single Family Home sales in the past 30 days were standard, Private Sales owner to buyer sales (50). Average sale price, $122,358, 95.3% of list price. 28.3% of sales were Foreclosures … Keep reading... about North Port Florida Real Estate Sales Statistics Sept 26, 2011