RE News Articles
Real Estate Articles
Shadow inventory unlikely to hurt marketAlmost 5M properties could face foreclosure soon, but high investor demand should limit any further impact on prices. Read more
It’s not if interest rates will rise but when
When the government stops buying mortgage-backed securities, rates will rise, but how far? It’s hard to predict. Read more.
Foreign investors like U.S. real estate
Latest AFIRE study: Foreign investors remain committed to the U.S. as their preferred real estate investment opportunity. Read more.
Quarterly survey finds uncertainty about the ongoing influence of unemployment, foreclosures and the financial markets. Read more
Report ranks Fla. schools 8th nationwide
The state ranked 5th in academic standards and school accountability, and earned a B-minus overall. Read more.
Foreign investors like U.S. real estate
Latest AFIRE study: Foreign investors remain committed to the U.S. as their preferred real estate investment opportunity. Read more.
*Obama signs bill: Buyer tax credit extened
It’s now law: Buyers get 5 more months to sign a contract, 7 more months to close; Fla. downpayment aid program extended; some move-up buyers get $6,500. Read more.
*UF study: Jobs hold back real estate
Uncertainty is the enemy of any economic recovery, and Fla.’s high unemployment rate could slow a real estate rebound. Read more.
*Pending home sales rise again
Sept. reflects eight straight months of increases; the year-over-year increase is the highest on record, says NAR Read more
*Fla.’s existing home, condo sales up in Sept.
Existing sales rose 34%, marking 13 months of increases as all MSAs improve. National home sales surge 9.4%. Read more* Nar: Pending homes sale on a record roll
Sales have, for the first time, risen for six months in a row. In July, the pending sales index was up 3.2% over June numbers. Read more.
*Pending Home sales: Upward trend continues
Up 3.6% since May, the index rose for a fifth consecutive month, the first time in six years for such a streak, according to NAR. Read more.
*Survey: People moving for happier reasons
Nearly 77% of families now move seeking a better life rather than as a result of a foreclosure or other problem. Read more.
*Fla.: Existing home. condo sales up in Aug.
Homes up 28% for 12th month in a row; condos up 45%. NAR notes sales ease, but still above year-ago levels. Read more.
*Florida is tops for business-friendly taxes
The state is in the top 10, but a leading lawmaker says the state must do a better job attracting new companies. Read more.
*Fla’s consumer confidence rises, fears ease
Survey director: Fla. consumers say that the worst is over and “surprised us with a higher-than-expected index.” Read more.
*Standard & Poor: Housing market stabilizes
Home prices rose for a third month, and “the numbers are very encouraging,” says the chairman of the S&P Index. Read more.
*Dallas Fed chief: “the worst is over”
The recession’s over, the economy isn’t in freefall and the housing market already hit bottom, says Richard W. Fisher. Read more..
*Existing home, condo sales up in 2Q 2009Fla.’s 2Q home sales also were 37.2% higher than the 1Q level; condo sales were up 45.3% over the 1Q figure, says FAR. Read more.
*UF: ‘Cautious optimism’ for Fla. real estate
Study calls job market key to real estate resurgence and finds positive economic trends, such as higher confidence by investors. Read more.
*Freddie Mac Reports Profit
In another sign of stabilization, Freddie Mac, which received $51 billion in taxpayer aid, reported its first profit in two years. Read more.
*Home prices close to correct
A UCF professor says homes have appreciated almost normally over time once you ignore the recent bubble and bust. Read more.
*Foreclosure bargains are disappearing
Some houses go under contract less than 90 minutes after they’re put on the market, says the founder of Foreclosure.com. Read more.
*Seller Frustrated as short sales collapse
Only 23% of short sales close, and 90% of real estate agents blame the lenders. Read more
*Luxury home sales rise again in South Fla.
Confidence seems to be returning, as well as a rising tide of money from outside the country. Read more.
*Welcome to the bottom: market begins rebound
By every measure except foreclosures, the housing market has stabilized and is now starting to recover. Read more.
*Foreclosures stabilize in key states
Foreclosure rates in states hit hardest by the bust – Fla., Calif. and Ariz. – stabilized in June, according to an AP analysis. Read more
*Index adds to spate of upbeat Housing news
Fresh signs emerged Tuesday that the market is stabilizing: S&P study shows price increase for the first time since 2006 Read more.
*Existing home sales show signs of recovery
U.S. housing market appears on the mend after worst collapse in 70 years, with increased sales in 40 of 55 major markets Read more
*Florida existing home, condo sales Up
June’s sales surpassed May’s. For 2nd month in a row, the existing home median price was higher than previous month’s. Read more.
*Bidding wars break out on low priced homes
Investors and first-time buyers are now competing for homes and condos listed at $200,000 or less
Read more
*Florida is a business-friendly state
“Not only is Florida a great place to call home, it’s a great place to do business,” says 2009 FAR President Cynthia Shelton Read more.
*June new home sales homes rise 11%
New U.S. home sales rose by 11% last month – the largest amount in more than eight years. Read more. Read more.
*Forbes names 10 best retirement spots. Two of the top 10 are in Florida: Palm Beach County at No. 4, and Brevard County at No. 6.
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