Continued signs of a market that is in recovery are being brought into light more and more nationally and locally. A recent study conducted by the National Association of Realtors showed improvement in 74 out of 146 areas as it relates to median sales price. The best performing district was in Ca
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05/23/2012
When the topic of real estate has come up in conversation with friends, family, or coworkers, you may want to listen up and chime in next time it happens. HousingWire reports that fixed rate mortgages have hit a new all time low at 3.84%! Not only is 30 year FRM dropping, but 15 year FRM are too.
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05/10/2012
Pending home sales see a 4.1% increase from February to March 2012. These figures have increased 12.8% since last year at this time, which is also the highest it has been since April 2010. Lawrence Yun, chief economist for the National Association of Realtors, says, “The housing market has clearl
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04/30/2012
A recent study conducted by the National Association of Realtors shows that housing affordability has been at an all time high thus far through 2012. The Housing Affordability Index is relative to median home prices, median home income, and average home mortgage rate. Buying power is the result o
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04/24/2012
Florida’s abundance of REO inventory could be a blessing in disguise for national and international real estate investors. According to Core Logic, the single family home rental market is stable and shows a good amount of activity. This has the potential to give these investors return on investm
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04/13/2012
Do you ever hear someone say, “One day I wish to rent my very own home”? It doesn’t happen! It simply doesn’t exist. Most people today think owning a home makes far more sense than renting a home! In fact, 70% current tenants believe that home ownership is something they definitely would lik
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04/05/2012
Ever wondered what it would be like to own a brand new home? Many builders in Tampa such as Lennar, Standard Pacific, DR Horton, and Pulte (to name a few) are turning these thoughts into reality in 2012, and are doing so at a great price for many buyers. New construction is looking like real est
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03/21/2012
As we continue to realize and search for positive signs of a real estate revival, some analysts are pointing to short sales boosting the Florida housing situation. Florida’s bank owned sales and short sales in 2011, hit the national average at 22 percent of all real estate transactions. What’s in
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03/08/2012
The National Association of Realtors reports that existing home sales have hit a 21 month high in January 2012. A total of 8% more contracts were signed by agents during that 21 month period. NAR chief economist Lawrence Yun says job growth and rental rates are somewhat of a cause for this recent
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03/01/2012
Every once in a while we like to examine data compiled from Trulia about the local Tampa Bay real estate market. Real Estate Facts: Tampa has seen a 6.1% increase in median home sale prices from November 2011 to January 2012 compared to this time last year. Also increasing is the price per squar
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02/15/2012