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Orlando’s existing home sales show improvement

The Orlando housing market saw an improvement in July sales when compared with the previous year, according to the latest report from the Florida Association of Realtors. Orlando real estate figures Existing single-family home sales in the Orlando area were up 11.6%...

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Florida Homes Not so Expensive vs Western States

A lot may be said about home prices in Florida, but when Coldwell Banker decided to compare the state with the rest of the nation, Florida is pretty much in the middle of the pack. The most affordable homes in Florida are located in Ormond Beach at $201,233, while the...

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Business Picks up Where Prices Have Tumbled

Sales are picking up in markets where prices are deflated, but the business is different than it was before the bubble burst, observers say. The housing market in deflated markets--like Arizona, California, Florida, and Nebraska--are beginning to show signs of a...

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Recovery on the Way?

Housing Predictor - which monitors over 250 residential property markets nationwide - says Florida appears to be emerging from the realty slump before any other state, including California.The Sunshine State is seeing population growth, and single-family home and...

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Mortgage Rates Drop to Record Low March 2009

WASHINGTON – March 27, 2009 – Rates on 30-year mortgages fell this week to the lowest level on record after the Federal Reserve launched a new effort to assist the staggering U.S. housing market. Mortgage finance giant Freddie Mac said Thursday that average rates on...

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Survey: Households Say Now is Good Time to Buy

More than three-quarters (78 percent) of potential first-time home buyers say that now is a good time to buy a home, despite widespread concern about the economy. Out of the 1,000 prospective U.S. first-time home buyers surveyed in early March for the CENTURY 21...

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Small Banks Could Drive Recovery

WASHINGTON – March 23, 2009 – Small banks could play a key role in spurring the nation’s economic recovery, Federal Reserve Chairman Ben S. Bernanke said Friday, as many appear strong enough to make new loans while bigger institutions have pulled back. Bernanke urged...

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Home Impact Fees Cut

It is now $1,901 cheaper to build a new home in Polk County. Answering pleas from the local development community, the Polk County Commission voted Wednesday to reduce impact fees for new home construction by nearly $2,000. In addition to adopting a revised road...

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