There were fresh signs Tuesday that home prices in much of the country are stabilizing and the housing market is on the mend. Home prices in May posted their first monthly increase since the summer of 2006, according to the Standard & Poor’s/Case-Shiller 20-city index. Prices rose from April in 13 of the cities tracked, [...]
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Hot Property Historic Alafia River – 2.5 acres with 450 feet of beautiful riverfront. Just minutes from FishHawk and no HOA!!450 feet of ALAFIA RIVER at it's finest For Sale $249,900 
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Florida’s existing home sales rose in June – the 10th consecutive month that sales activity showed gains in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors® (FAR). Statewide sales in June also increased over the previous month’s sales level in both the existing home and existing condominium [...] Federal Reserve governors unanimously proposed tough new consumer-friendly disclosure rules for mortgages and home equity loans last week, tackling one of the less-appreciated causes of the nation’s deep financial crisis. The Fed’s division of consumer affairs proposed, and governors accepted, a change to how finance charges and the annual percentage rate would be calculated. They also [...] NEWS RELEASE For Immediate Release July 22, 2009 U.S. Monthly House Price Index Estimates 0.9 Percent Price Increase from April to May WASHINGTON, DC – U.S. home prices rose 0.9 percent on a seasonally-adjusted basis from April to May, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.1 percent [...] Many of you know that FAIR APPRAISALS are a topic I am very much concerned about. I’ve published several articles talking about the potential undermining of neighborhood values due to poor appraisals. I won’t go into detail here. I’m delighted to see that I am not alone in this sentiment. Freddie Mac Calls for Appropriate [...] Methamphetamine residues, left behind by property sellers who manufactured the toxic drug, is an increasing problem for home buyers. The U.S. Drug Enforcement Agency says clandestine meth labs have been discovered in 46 states. Home inspector Wes Kelley offers these signs that meth may have been manufactured in a property: Yellow discoloration on walls and [...] Construction of new U.S. homes rose in June to the highest level in seven months, a sign builders are starting to regain confidence as they emerge from the housing bust. The Commerce Department said Friday that construction of new homes and apartments jumped 3.6 percent last month to a seasonally adjusted annual rate of 582,000 [...] TALLAHASSEE, Fla. – July 9, 2009 – A coalition of local governments on Wednesday asked the courts to throw out a new growth management law they say will leave them holding the bag. Six weeks after Gov. Charlie Crist signed SB 360 into law, plaintiffs, including Lee County and the City of Weston, filed [...] TALLAHASSEE, Fla. – July 9, 2009 – A Florida appellate court on Wednesday upheld the state’s “Save Our Homes” property tax provision in the constitution. “Save Our Homes” (SOH) protects full-time Florida homeowners from dramatic increases in property values. SOH, passed in 1992, capped property tax assessment increases on Florida homesteads but not on property [...] FHFA AUTHORIZES FANNIE MAE AND FREDDIE MAC TO EXPAND HOME AFFORDABLE REFINANCE PROGRAM TO 125 PERCENT LOAN-TO-VALUE Washington, DC – The Federal Housing Finance Agency has authorized Fannie Mae and Freddie Mac to expand the Home Affordable Refinance Program (HARP) to homeowners who are current on their mortgage payments from the present loan-to-value ratio ceiling [...] |
Featured PropertyHistoric Alafia River – 2.5 acres with 450 feet of beautiful riverfront. Just minutes from FishHawk and no HOA!!450 feet of ALAFIA RIVER at it's finest For Sale $249,900 |
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