Tag Archives: single family homes

NAR: Median Price and Sales Up in Q3 for Existing Homes

A lower supply of inventory and fewer distressed sales led to stronger home price gains across the country, the National Association of Realtors (NAR) revealed in a recent report. On a national level, the median price for existing single-family homes … Continue reading

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Short Sale Relief at Risk?

Short sales are growing in popularity, but that may soon change. The “Mortgage Forgiveness Debt Relief Act and Debt Cancellation” is expiring at the end of the year, which could make more home owners think twice about doing a short … Continue reading

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Weekly Hotsheet – August 7th

Posted in Luxury Listings, Miami-Dade County, New Construction, New Listings, Palm Beach County, Rentals & Leasing | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Home loan late payments hit 3-year low in 2Q

LOS ANGELES – Aug. 8, 2012 – U.S. homeowners are getting better about keeping up with their mortgage payments, driving the percentage of borrowers who have fallen behind to a three-year low, according to a new report. Still, the rate … Continue reading

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Bidding wars catch buyers off-guard

Homebuyers are unexpectedly finding more competition this spring in landing their dream home. Bidding wars are increasingly being reported in markets across the country, from California to Florida, The Wall Street Journal reports. “It’s a little surprising because we thought … Continue reading

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The one number to watch for a housing recovery

Over the past few months, many economists have concluded that that the U.S. housing market has reached a turning point and is healing. This may sound hard to believe, since home prices have continued their downward trend. In 2011, prices … Continue reading

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This Week’s South Florida Foreclosure Statistics

There have been 6,472 foreclosures filed in South Florida thus far in 2012, a 36 percent increase over the 4,761 foreclosures filed during the same period in 2012. For the week ending March 2, 953 foreclosures were filed in the … Continue reading

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Multi-Million Dollar Foreclosures

Below are eight multi-million dollar foreclosed homes that are back on the market throughout the United States. Laguna Beach, CA Asking price: $18 million Located in “the Gold Coast of Orange County,” this impressive home with views of Catalina Island … Continue reading

Posted in Deals & Steals, Distressed Properties, Foreclosures, Luxury Listings, New Listings, Other States | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

5 Smart Upgrades for Underwater Homes

In “Staying Put: Remodel Your House to Get the Home You Want,” architect Duo Dickinson gives new meaning to the term ‘housebound.’ He uses the term to refer to homeowners who have decided to stay put instead of moving up … Continue reading

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Mortgage Deal Means More Foreclosures

Even as the $26 billion mortgage settlement helps hundreds of thousands of troubled homeowners, it will bring a wave of new foreclosures. Many lenders held off on reposessing homes during the complex negotiations between 49 state attorneys general, and federal … Continue reading

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