Builders see returning Fla. market ORLANDO, Fla. – June 17, 2010 – Florida, viewed by economists as a hot spot of the country’s housing and mortgage meltdown, is having a pickup in builder interest and activity. Sensing a pending recovery in some of the state’s markets – including Orlando, Jacksonville, and Tampa – builders are [...]
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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 |
ORLANDO, Fla. – March 23, 2010 – Florida’s existing home sales rose in February, which means that sales activity has increased in the year-to-year comparison for the past year and a half (18 months), according to the latest housing data released by Florida Realtors®. Existing home sales increased 21 percent last month with a total [...] Florida expected to start adding residents again after population decline GAINESVILLE, Fla. – March 3, 2010 – It’s a small bounce, but Florida’s population should rebound this year from its first loss in more than half a century in a hopeful sign for the struggling state economy, new estimates from the University of Florida (UF) [...] Buffett predicts downturn will end in 2011 NEW YORK – March 2, 2010 – Billionaire investor Warren Buffett predicted that the real estate market downturn would end by 2011 as the housing inventory declines. “Within a year or so, residential housing problems should largely be behind us,” Buffett wrote in his annual letter to the [...] “Defaults, foreclosures plummet in January. Analysts discern signs of stability.” So read the headline of my local paper. Signs of Stability? Really? Now what might those be? I saw the Virgin Mary on a piece of toast once so I know we tend to see what we want to see but my tea leaves aren’t [...] 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 [...] WASHINGTON – Nov. 4, 2009 – Two more large investment companies have together raised enough money to join with the government in buying toxic assets held by banks so they can resume more normal lending to support an economic recovery. The Treasury Department said Tuesday that New York-based Angelo, Gordon & Co. LP and Norwalk, [...] Economists: Extend the housing tax credit WASHINGTON – Sept. 21, 2009 – More than 40 percent of all homebuyers in 2009 will qualify for the federal tax credit, costing the government about $15 billion – twice the original estimate – but most housing experts applaud the policy and favor expanding it. Now the decision is [...] 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 [...] |
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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