Category Archives: Real Estate

NEW YORK – Jan 12, 2015 – A confluence of events could bolster the U.S. housing market, especially for entry-level buyers, according to Fitch Ratings. While no recent actions will independently push the needle for housing higher, they could cumulatively have a “relatively meaningful impact on homebuyer psychology, pent-up demand and housing trends in 2015…

TALLAHASSEE, Fla. – Jan. 5, 2015 – Florida has bested New York in terms of population. The Sunshine State, averaging 803 new residents a day, is now the third most populous state in the nation, according to U.S. Census Bureau. “It’s an important milestone because it reflects many years of rapid population growth in Florida,”…

WASHINGTON – Jan. 5, 2015 – After a slowdown in the market this year, housing analysts and economists have high hopes for 2015. The real estate market is expected to build momentum across the board next year, mostly due to a strengthening economy. Positive trends Millennial force: Overall, employment is on the rise, but jobs…

WASHINGTON – Dec. 16, 2014 – Years after the bursting of the housing bubble, many consumers – particularly young borrowers and those who suffered a major financial setback during the Great Recession – have found it is difficult to qualify for a mortgage. People who experienced a temporary job loss or a bad credit event,…

MIAMI – Dec. 16, 2014 – During the down real estate market, institutional investors – funds that purchased 10 or more single-family homes per year – bought 33,651 Florida property, according to a study by RealtyTrac. With little profit in quickly flipping those homes, these investors used a different business model: They rented the homes,…

$50,000 Homestead Exemption Every person who on January 1 of the current year has legal title or beneficial title in equity to real property in this state and who in good faith makes the property his or her permanent residence or the permanent residence of another or others legally or naturally dependent upon him or…

Government-backed FHA loans don’t rely on credit scores as heavily as conventional loans.  If you participated in a short sale in the recent past and want a new mortgage, you will now be able to apply for an FHA loan a day after the short sale at the prevailing rate of interest provided your mortgage…

The History of Palm Coast, Flagler County, Florida Palm Coast, Flagler County Although not born as a city until 1999, Palm Coast was conceived in 1969 when ITT Corporation bought several thousand acres of land in Flagler County to develop a massive retirement community. Over the next several years, a resort hotel, marina, tennis center,…

Newsletter: Foreclosures and Foreclosure Inventory Falling in Flagler County Thirty new foreclosure filings during October represent the lowest number of new filings since June 2006. Eighty-six foreclosures were completed in October. There are 851 open cases in the county. By Toby TobinAdd a Comment Palm Coast, FL – November 11, 2014 – Palm Coast and…

Coming soon: The return of the 3% downpayment WASHINGTON (AP) – Dec. 9, 2014 – Some Americans will soon be able to buy a home with a down payment as low as 3 percent, compared with the current minimum of 5 percent, the mortgage giants Fannie Mae and Freddie Mac say. The new lending guidelines…

ORLANDO, Fla., Sept. 22, 2014 – Florida’s housing market saw higher median prices and a rising inventory in August, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 21,594 last month, up 4.2 percent over the August 2013 figure. “For several months now, stability and consistency are…