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?
Home Buying and Selling
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