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Thursday, January 29, 2009

In his own words

Lawrence Yun who is the chief economist for the National Association of Realtors made a great presentation at the FAR winter meetings. He described how we got there and how and when we might get out of it. If you have time, click on the link and listen for yourself. There is some good news after all!
http://floridarealtors.org/LegislativeCenter/Research/index.cfm

Wednesday, January 28, 2009

The December state of Real Estate

Florida's existing home sales rose 27 percent in December, making it the fourth consecutive month that sales activity demonstrated gains in the year-to-year comparison, according to FAR. Statewide sales of existing condos increased 12 percent last month; and December sales of both existing homes and condos were higher than November's statewide figures. Meanwhile, NAR reports that existing-home sales - all housing types - rose 6.5 percent in December compared to November's pace. Is this the turnaround we have been waiting for?

Tuesday, January 27, 2009

Alter Mortgages?

Most congressional Democrats support a proposal that would give bankruptcy judges the power to alter mortgage terms for primary residences, saying it may the quickest way to halt the housing market's collapse. But lenders and other groups are fighting the bill, saying it's bad public policy that could result in higher interest and bigger downpayments for new homebuyers.

Tuesday, January 13, 2009

A New Year... a New Venture

It certainly was a busy holiday season as far as my own personal career. I have switched Real Estate offices and I am now with Watson Realty Corp in Palm Coast. Here at Watson Realty, I have access to a lot more information and the company also has the biggest market share in Palm Coast as far as Palm Coast/Flagler Real Estate Listings as well as Palm Coast/Flagler Real Estate Sales. Since joining Watson Realty, I have now launched a new program. Soon to be in full swing it will be "Tenant Placement". Falling house prices and a slow market are forcing more homeowners to consider renting their current properties when it's time to buy a new home, so why not get involved in helping both the homeowner as well as the tenant? You can contact me for any additional information on how the program works. My new numbers are as follows: Direct line to my office is 386.246.9239, our toll free number is 800.922.4313 ext.2339. My cell phone and email address is still the same. Stay tuned for more information as it becomes available.