ORLANDO, Fla., June 22, 2010 – Sales of existing homes in Florida rose 18 percent in May, marking 21 months that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®. A total of 16,745 single-family existing homes sold statewide last month compared to 14,172 homes sold [...]
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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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NEW YORK – Feb. 15, 2010 – Real estate investors are coming to the same conclusion that housing activists reached at the beginning of the crisis – forgiving principal on underwater loans may be the best way to deal with the problem. “Principal reduction is the only answer,” says Laurie Goodman, a senior managing director [...] RISMEDIA, September 8, 2009-House prices in the U.S. continued to depreciate in the second quarter 2009 but at a much more moderate rate compared to the fourth quarter 2008, the peak of the collapse in home prices, according to a quarterly housing valuation analysis by IHS Global Insight. Prices fell at a 2.7% annualized rate [...] 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 FEDERAL HOUSING FINANCE AGENCY NEWS RELEASE For Immediate Release Contact: March 24, 2009 U.S. MONTHLY HOUSE PRICE INDEX ESTIMATES 1.7 PERCENT PRICE INCREASE FROM DECEMBER TO JANUARY WASHINGTON, DC – U.S. home prices rose 1.7 percent on a seasonally-adjusted basis from December to January, according to the Federal Housing Finance Agency’s monthly House Price Index. [...] The upside of Florida real estate: 15 market positives Let’s take a look at some of the opportunities for today and the future of Florida’s real estate market. 1. Great prices. Statewide, the existing-home median sales price was $161,200 in the fourth quarter of 2008; a year earlier, it was $216,600 for a decrease of [...] ORLANDO, Fla. – Feb. 25, 2009 – Florida’s existing home sales rose in January, making it the fifth month in a row that sales activity showed increases in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors® (FAR). Existing home sales rose 24 percent last month with a [...] Team Sumberg tracks our Tampa Bay market stats closely. While our volatile national (and global) economy has everything to do with our recovery, we’re seeing signs of our market bottoming. Following is an article published in the Wall Street Journal addressing this on a national level. When will prices bottom out? NEW YORK – Feb. [...] The last week in January 2009 saw a substantial slowing of falling prices for existing homes in Tampa Bay. For the first time since November 2008, the average price reduction for residential property was under 9%. This represents a substantial slowing of reported dropping prices. Add to this the stability in the number of homes [...] Home shopping alone – without the help of a professional even when online – can become a huge handicap for home buyers. Here are four reasons: • Late information. Shoppers who limit themselves to only looking at real estate Web sites will overlook some very good properties, possibly one that is perfect for them, and [...] |
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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