General Real Estate News

April 1, 2015

Potential Sellers Not Selling

Why are potential Sellers Holding back to sell

According to recent housing sales data, home sales are up about 5 percent compared to a year ago. But a lot of economists are saying the number would be much higher if there was more equity in a lot more homes. Most ...

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March 28, 2015

Florida Has the fastest growing US city

Census Bureau says The Villages is the fastest

growing US city.

According to the Census Bureau, The Villages located to the west of Orlando, grew by 5.4 percent from July 1st 2013 and July 1st 2014. It has a population of 114,000 and is the fastest growing city ...

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March 17, 2015

Over 1 Million borrowers regained Equity in 2014

 1 Million Plus Borrowers regained Equity in 2014

A new analysis released by the analytical company CoreLogic says that more than one million borrowers in the United States have regained equity in their homes. They now have the home worth more than what they owe - this is an excellent thing instead ...

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March 13, 2015

Short Sales in a Stall Mode

Short Sales Not as Busy as Before

Let's blame it on Congress. Short Sales are not as busy, there aren't as many on the market as before and a lot of common sense speculation is that Congress is at the root of the problem. The short sale tax ...

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March 12, 2015

Florida Foreclosure Rate Much Lower

Florida Foreclosure Rate has Lowered

Good News - The Foreclosure rate in Florida is almost half of what it was a year ago. In January 2014 the foreclosure rate was 6.4 percent in Florida, January of 2015 saw a rate of only 3.9 percent. This is more good news ...

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Feb. 10, 2015

Building Permits Continue Upward in SW Florida

Multi-family Permits Lead single family

SW Florida is seeing a large increase in permits for multi-family housing for the standard apartment complexes.

As Foreclosures ticked downward in Lee County building permits edged upwards. Lenders filed 110 mortgage foreclosures in January 2015, down from the 164 that were filed the month ...

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Dec. 12, 2014

Tenants in jeopardy of losing foreclosure protection

A federal law that was passed in 2009 because of the country's economy may expire at the end of this year. The law was passed because of the large number of foreclosures and tenant leases. Tenants had protection from the 2009 Protecting Tenants at Foreclosure Act so that leases ...

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