by admin | Sep 28, 2008 | News
The Orlando real estate market continue to show signs of improvement with a 38% increase in existing home sales in September however the median sale price fell from the previous month. 1,335 existing home sales was 8% more than 1,225 which sold in August and 26.3%...
by admin | Sep 26, 2008 | News
WASHINGTON – Sept. 26, 2008 – Rates on 30-year mortgages, which had been falling for five weeks, jumped sharply this week, reflecting the turbulence in global credit markets. Freddie Mac reported Thursday that its nationwide survey found that the average for 30-year,...
by admin | Sep 25, 2008 | News
WASHINGTON – Sept. 25, 2008 – If a first-time homebuyer purchases a home before the end of 2008, he or she gets a $7,500 tax credit in 2009 when they file their federal income taxes, but it must be paid back over time. Here’s how it works: The first-time homebuyer...
by admin | Sep 24, 2008 | News
WASHINGTON – Sept. 24, 2008 – Existing-home sales were down in August following a healthy gain in July as tight mortgage credit curtailed activity, according to the National Association of Realtors (NAR). Sales rose in the Midwest and South but fell in the Northeast...
by admin | Sep 23, 2008 | News
ORLANDO, Fla. – Sept. 23, 2008 – While a number of factors have contributed to a home sales decline in Florida, an increase in foreign homebuyers has modified the trend, according to a just-released research paper from the National Association of Realtors (NAR), the...
by admin | Sep 22, 2008 | News
Sept. 22, 2008 – Increasingly, sellers seeking short sales are encountering a new twist. Lenders are agreeing to let some short sales go through, but they want the home owners to sign a note promising to pay some or all of the balance due – debts that could burden...
