South Florida Inventory Search

South Florida Inventory Search
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Tuesday, December 4, 2012

FHA extends flipping waiver through 2014

FHA extends flipping waiver through 2014
This allows investors to sell properties that had been acquired in the previous 90 days, no waiting required if buyer obtains a FHA laon.

Home prices rise by most in 6 years

Home prices rise in Oct. by most in 6 years
Prices of U.S. homes rose compared to a year ago, in 45 U.S. states, the only exceptions were Illinois, Delaware, Rhode Island, New Jersey and Alabama.

Tuesday, November 27, 2012

Home prices increase in most major US cities

WASHINGTON: Home prices increase in most major US cities - Business Breaking News - MiamiHerald.com 
The number of previously occupied homes available for sale has fallen to a 10-year low. The inventory of new homes is also near the lowest level since 1963.

Read more here: http://www.miamiherald.com/2012/11/27/3115350/home-prices-increase-in-most-major.html#storylink=cpy

Monday, November 26, 2012

Banks favor short sales over principal reduction

Banks favor short sales over forgiving debt
"Florida homeowners have received more than $3 billion in mortgage relief and benefits from the nation’s five largest banks since a landmark settlement was signed in March to atone for foreclosure-related offenses."

Wednesday, November 21, 2012

Tuesday, September 18, 2012

Homeownership 45% cheaper than renting

Homeownership 45% cheaper than renting
“Homeownership is cheaper than renting in all of the 100 largest metros by a wide margin,” says Jed Kolko, Trulia’s chief economist. “Rents continue to rise faster than prices, and mortgage rates are near record lows.”

Friday, September 14, 2012

South Florida Foreclosure Filings Increased

South Florida Foreclosures | August 2012 | RealtyTrac
With some legal hold ups resolved, bank attorneys increased their foreclosure activity in August, with an 11% increase over the same month last year.

Tuesday, June 5, 2012

Home prices up for 2nd month

CoreLogic: Home prices up for 2nd month: Including distressed sales, the five states with the highest appreciation were: Arizona (+8.8 percent), District of Columbia (6.4 percent), Florida (+5.5 percent), Montana (+5.4 percent), and Utah (+5.4 percent).

Tuesday, May 22, 2012

Few respond to foreclosure review offer

Few respond to foreclosure review offer
A government regulated program to help owners dealing with foreclosure has been largely ignored by them. They may be "burnt out" by the many previous private solicitors.

Friday, April 27, 2012

Tuesday, March 6, 2012

US Home Prices

US Home Prices:

When in doubt about any investment, find and look at long term charts, like the chart of U.S. home prices since 1860, priced in ounces of gold. Right now prices are cheaper than they've ever been except for a brief quarter in 1980. EMB

Wednesday, February 29, 2012

Home prices ended ‘11 lower

Home prices ended ‘11 lower Most U.S. markets closed 2011 at 2002 pricing levels, about 1/3 lower than the 2006 peak. Miami and Phoenix were the only regional markets that had a modest increase in prices from the previous year.

Friday, January 20, 2012

Home sales hit 11-month high | Reuters

Home sales hit 11-month high Reuters

TIME FOR CONDOS?

TIME FOR CONDOS?

A few years ago, very, very few would had predicted that Miami's condo market could rebound so strongly as it did. The secret ingredient to its quick success was strong Latin American economies and currencies.

Thursday, January 19, 2012