Kiplinger says housing market recovery on way up

It’s good news for sellers. Financial firm Kiplinger has reported that the real estate market is “firmly” on the way up. “The biggest reason we think we’re on firm ground is that we’re seeing every indicator on the way up,” Mracek says. “As with the...

Foreclosure deals are fading

General improvements in the economy are causing fewer new foreclosure starts and a slow, general strengthening of foreclosed home prices according to this story. We are past the bottom. If you are on the fence, you can only expect continuing rises in foreclosed home...

Florida real estate market continues to improve

Pending sales, closed sales and median prices rose, while the inventory of homes and condos for sale dropped in Florida’s housing market in October, according to the latest housing data released by Florida Realtors®. Statewide, closed sales of existing single-family...

700 Florida Homes Off The Market

Last week, Fannie Mae, the Federal National Mortgage Association, announced two bulk sales of foreclosed homes to large investment firms that intend to rent them for at least three years. The sales included ninety-four foreclosed properties in Chicago and almost seven...

Palm Beach Condo Sales Skyrocket

The number of condos sold and under contract on the island of Palm Beach skyrocketed during the first nine months of 2012, compared to the same period in 2011. In the Worth Avenue area, the median sale price of condos increased 23.61%, and the number of condos under...

New housing starts rebound

September housing starts in the U.S. surged 15 percent to the highest level in four years, says Bloomberg News. This shows the market is on an upward trajectory. Prices are going up and they are not going...

Sales Strong in College Towns

U.S. News and World Report has published an article indicating that sales of real estate is soaring in areas near or around college campuses. Information given to Realtor.com has indicated that many parents of college students are upset by high rents, particularly in...

Foreigners Buying Up Florida Real Estate

“But if you go by number of buyers, you have much more activity coming from places like Argentina, Brazil, Colombia and Venezuela” says this article in Forbes. This is good news for sellers. Foreign buyers are often paying cash. So there is no wait and worry about...
Translate »