Hot Property

Real Estate Markets Improving All Across the Nation

FINALLY! “The pace of decline in residential real estate slowed in April,” says David Blitzer, Chairman of the Index Committee at Standard & Poor’s. “Thirteen of the 20 metro areas also saw improvement in their annual return compared to that of March.  While one month’s data cannot determine if a turnaround has begun, it seems [...]

The Dream of Homeownership is ALIVE and WELL in the U.S

The dream of homeownership is alive and well in the U.S., the president of the nation’s largest real estate trade association recently told a professional group in Fort Worth.  Consumers want back in the market on two conditions: They can get a home for a good price and financing at an affordable rate. With so [...]

Little Used FHA Program That Includes Repairs in the Mortgage

Team Sumberg and Keller Williams Realty is always striving to bring you the most up to date information for home ownership. You no longer have to totally eliminate houses that need a little work from your search for a home. If you are thinking about buying a Bank Owned, HUD, or short sale property that needs repair, [...]

Florida Has Approved Bridge Loans for $8000 Tax Credit

“the State of Florida has approved funding for “bridge loans” for homebuyers that are eligible for the up to $8,000.00 tax credit.

New Appraisal Rules Make Home Sales Harder.

New rules to safeguard the integrity of home appraisals are complicating the deals they’re supposed to protect.  Real estate agents, mortgage brokers and buyers, as well as homeowners who want to refinance their loans, are feeling the effects of rules designed to prevent inflationary appraisals that helped fuel the housing boom. Since May 1, home [...]

Have we reached the bottom of the housing market?

“Could it be true? The controversial Wall Street icon Jim Cramer has called a bottom in housing on 06/16/2009! Please check out the link. The video runs about 10 minutes. If you have been waiting for home values to bottom, now may be the time to consider buying a home! The $8000.00 tax credit for [...]

Florida Laws protect Homeowners from Fraudulent Foreclosure Rescue.

 If you are a Florida Homeowner in default on your mortgage, PLEASE read through this and know you have 3 days to cancel your agreement for “Foreclosure-Related Rescue Services”.  Florida has specific language which must be included in any agreement you sign.  Be careful,     Title XXXIII REGULATION OF TRADE, COMMERCE, INVESTMENTS, AND SOLICITATIONS [...]

Housing Bottoms in Tampa Bay

Tampa Bay’s Real Estate Market is so much healthier today than yesterday. Some of you know that my background is (for entirely too long) Information Systems and Data Processing.  It just seems natural for me to crunch numbers.  Week by week I’ve been analyzing property price changes in Tampa Bay since late 2005.  Some of [...]

Pending Home Sales Rising

Dr Lawrence Yun – Chief Economist talks about the increasing pending home sales.  Note that both Florida and California markets are looking much better.   In Tampa Bay, contact Team Sumberg for local Real Estate information. info@TeamSumberg.com (866) 323-3981