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
WASHINGTON – Nov. 25, 2013 – Mortgage giant Freddie Mac is expecting a good 2014 for housing. Economists predict a much stronger economic recovery will take hold next year, “led by a resurgent housing sector,” according to Freddie Mac’s November U.S. Economic & Housing Market Outlook report. Desp...
11/25/2013
SAN FRANCISCO – Nov. 22, 2013 – Prepare buyers for heavy documentation requirements starting in January, according to CEOs and senior executives from the biggest names in mortgage lending at the recent National Association of Realtors® (NAR) annual convention. New regulatory hurdles could tempora...
11/24/2013
TALLAHASSEE, Fla. – Nov. 21, 2013 – Congress extended the National Flood Insurance Program (NFIP) for five years through last year’s Biggert-Waters Flood Insurance Reform Act. While the Act’s goal is to make NFIP pay for itself over time and ease a current deficit, it had unintended consequences ...
11/21/2013
 Florida’s housing market continued its upswing in October 2013, with more closed sales, higher median prices, more new listings and a stabilizing supply of homes for sale, according to the latest housing data released by Florida Realtors®.“Florida’s economy continues to improve, and that’s good ...
11/20/2013
WASHINGTON – Nov. 19, 2013 – Builders remain confident in the new single-family home market. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) was unchanged in November from a downwardly revised level of 54 last month. Any HMI number over 50 represents more o...
11/19/2013
WASHINGTON – Nov. 18, 2013 – The U.S. Census Bureau reports that 35.9 million U.S. residents, or 11.7 percent of all Americans, moved between 2012 and 2013. The nation’s mover rate is down from 12 percent in 2012. The decline follows an uptick from the record low of 11.6 percent in 2011. However,...
11/18/2013
NEW YORK – Nov. 15, 2013 – Instead of just phoning a local landlord, house renters in Orlando may soon be dealing with call centers and centralized maintenance crews as Wall Street gets more involved in local home rentals. In one of the surest signs that the home-rental business is going corporat...
11/17/2013
SAN FRANCISCO – Nov. 15, 2013 – After several years of slow-moving growth the commercial real estate market is in a recovery mode as transaction volume increased 27 percent over a year ago and prices display solid gains, said National Association of Realtors® (NAR) Chief Economist Lawrence Yun du...
11/15/2013
SEATTLE – Nov. 14, 2013 – Nationwide, homes listed for sale on real estate marketplace Zillow sold a month faster in September 2013 than they did in the same month on year earlier – 86 days compared to 116 days in September 2012. The fastest home turnover markets in the U.S., according to Zillow,...
11/14/2013
SAN FRANCISCO – Nov. 13, 2013 – Before the property investment deal is sealed, a seller should ask himself one important question: Do I know if I’ll owe taxes on the sale of the property, even if I’m taking a loss on it? That question might be key to avoiding a common misconception: no profit mea...
11/13/2013
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Bob Forman

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