Bob Forman's Real Estate Blog

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Real Estate Agent - MVP Realty - SL3217142
I will share my thoughts on SW Florida plus information on property that I hope my readers will find useful. All feedback and comments are more than welcome. Thanks, Bob
RECENT BLOG POSTS
FORT LAUDERDALE, Fla. – Dec. 6, 2013 – Question: We have an unruly owner who attends every association meeting. The owner heckles, laughs inappropriately and answers questions that are posed to board members. We are told by the board president that as an owner, she has a right to be there and we ...
12/07/2013
WASHINGTON – Dec. 6, 2013 – The U.S. economy grew at a 3.6 percent annual rate in the third quarter, faster than first reported and its strongest performance in 1 1/2 years. Behind the improvement: Businesses boosted inventories even more than the government had estimated last month. The Commerce...
12/06/2013
WASHINGTON – Dec. 5, 2013 – Markets in 54 out of approximately 350 metro areas nationwide returned to, or exceeded, their last normal levels of economic and housing activity, according to the National Association of Home Builders (NAHB)/First American Leading Markets Index (LMI), released today. ...
12/05/2013
WASHINGTON (AP) – Dec. 4, 2013 – Americans ramped up purchases of new homes in October after three months of soft sales, evidence that the housing recovery is improving fitfully. Sales of new homes grew 25.4 percent to a seasonally adjusted annual rate of 444,000, the Commerce Department said Wed...
12/04/2013
NEW YORK – Dec. 3, 2013 – Wells Fargo, J.P. Morgan Chase, Bank of America and Citigroup will probably issue some mortgage loans that don’t meet the definition of a qualified mortgage (QM). The new gold-standard lending definition – part of sweeping mortgage regulations set to take effect next mon...
12/03/2013
NEW YORK – Dec. 2, 2013 – As home prices rise, lenders are showing less willingness to grant short sales, RealtyTrac reports. The number of short sales has been gradually dropping the last few months. Short sales represented 5.3 percent of all sales in October, down from 6.3 percent the previous ...
12/02/2013
WASHINGTON – Nov. 27, 2013 – More homebuyers today plan to plant deep roots in their communities rather than move to a bigger or better home in a few years, according to research from the National Association of Realtors®.Last year, 27 percent of homebuyers between the ages of 25 and 44 and 18 pe...
11/29/2013
GAINESVILLE, Fla. – Nov. 27, 2013 – Consumer sentiment among Floridians recovered from last month’s drop, rising to 76 in November from the revised reading of 70, according to a new University of Florida survey.“As expected, consumer sentiment among Floridians regained much of the loss from Septe...
11/28/2013
SAN FRANCISCO – Nov. 26, 2013 – Transitional land deals are picking up in 2013, but the recovery’s locations are still very “pocket-oriented,” Nancy Surak told attendees at the “Current Trends in Transitional Land” session during the recent National Association of Realtors® (NAR) convention. Tran...
11/26/2013
SAN FRANCISCO – Nov. 26, 2013 – Transitional land deals are picking up in 2013, but the recovery’s locations are still very “pocket-oriented,” Nancy Surak told attendees at the “Current Trends in Transitional Land” session during the recent National Association of Realtors® (NAR) convention. Tran...
11/26/2013
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Bob Forman

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