National Real Estate Blog

The Standard & Poor's/Case-Shiller home price index rose 0.3 percent in January compared to December, the eighth month showing gains in 20 major cities. Sales prices are down 0.7 percent from a year ago. We hear from some housing analysts that home prices will face pressure from rising fore [Read More]

According to the Standard & Poor's/Case-Shiller home price index, home prices showed the smallest decline in almost three years, in an annual comparison.  The index was released on Tuesday, March 30, 1020, showing a reading of 146.32, although this shows a rise of nearly 4% since May o [Read More]

According to recently released data from the National Association of Realtors,  26% of real estate purchases are now conducted with cash. That figure is up from 18% the previous year.  Investors, flippers and rehabbers with cash are purchasing more homes. Many investors and individuals ar [Read More]

Annually, Florida Realtors and Key Contacts who wish to make their voice heard to the legislators gather together for legislative briefings, meetings with your Legislators and parties!    This event will be held in Tallahassee, Leon County, Florida at the Challenger Learning Center, only [Read More]

There are lots of ideas on what to do with Freddie Mac and Fannie Mae.  Privatize them, get rid of them, merge the two, restructure them. No one though, has really gone as far as the National Association of Realtors. NAR is floating and idea out there that will turn Freddie Mac and Fannie Mae [Read More]

The Mortgage Bankers Association released a report last week that showed nearly 14% of homeowners that hold mortgages across the nation are behind on their monthly payments as of the end of September 2009. The foreclosure problem originally began with subprime mortgages, however due to the high une [Read More]

Three preliminary reports issued by the Consumer Product Safety Commission (CPSC) found that there is indeed a link between Chinese Drywall and corroded metals.  Between the years of 2005 and 2007 drywall was imported from China to make up for the lack of product due to the multitude of [Read More]

Many sellers are hesitant to list their homes at this time. There is never a better time to sell than now - with the $6,500 "move up buyer" credit, there are plenty of buyers out there wanting to take advantage of this opportunity by upsizing. As long as they have owned their present home [Read More]

The Chinese Drywall issues are still at large in the home buying market. Potential homebuyers are seeking out specific neighborhoods where the drywall is not prevalent. Even if the home is known not to be affected by drywall, the possibility that homes in the neighborhood that are affected could lo [Read More]

Yes, that's right!  If you have owned your last home and was your primary residence for at least 5 years, you too qualify for a tax credit of up to $6500!  The income limitations for move up buyers are the same as first time home buyers and they are; $125,000 limit for individual [Read More]