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Florida Real Estate Blog: NAR says Future Looking Much Better for the Economy in General, and the Housing Market in Particular
WASHINGTON – May 20, 2013 – Growth in home sales and prices is contributing to a broader improvement in the overall economy, aided in part by current homeownership tax treatment, according to presentations at a residential real estate forum during ...
Dateline: 2013-05-20 2:18pm -07:00T (1049 words)
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Florida Real Estate Blog: Average Mortgage Interest Rates Continue Upward Movement This Week
Today, 5/16/2013 Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.51%  up from 3.42% last week. The average interest rate for 15 year fixed-rate mortgages was 2.69%, up from 2.61% last week. A year a...
Dateline: 2013-05-16 11:03am -07:00T (493 words)
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Florida Real Estate Blog: April 2013 Saw More Listings on the Market, BUT There Were Also More Buyers! Inventories Remain Low!
CHICAGO – May 15, 2013 – The housing market appears to be having a broad-based recovery, according to April data through realtor.com, the National Association of Realtors®’ (NAR) website operated by Move Inc.Most of the nation sees an upswing in...
Dateline: 2013-05-15 11:03pm -07:00T (308 words)
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Florida Real Estate Blog: Short Sales Were Frustrating, and they STILL ARE For Many!
WASHINGTON – May 15, 2013 – Both Fannie Mae and Freddie Mac have implemented policies to expedite the short sales process, including new resources to help determine property values, according to panelists at a property valuation forum during the Natio...
Dateline: 2013-05-15 8:33pm -07:00T (873 words)
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Florida Real Estate Blog: Beautiful Villa For Sale in Tampa Bay Golf & Country Club in San Antonio, Florida
Located in popular Tampa Bay Golf and Country Club, this 2 bedroom/2 bath villa let's you enjoy Florida living to the fullest. This residence is much larger than many other villas in this subdivision with 1,698 square feet of heated/cooled living space. T...
Dateline: 2013-05-14 5:47pm -07:00T (334 words)
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Florida Real Estate Blog: Hurricane Season 2013 Starts Before Flood Insurance Begins - If You Wait Too Long!
MIAMI – May 13, 2013 – Many homeowners don’t realize that their property insurance policy covers the driving winds of a hurricane, but not rising waters, such as from storm surge. And while the former damage can be massive, the latter damage can mak...
Dateline: 2013-05-13 2:48pm -07:00T (280 words)
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Florida Real Estate Blog: Confidence by Home Builders in the 55+ Market Strengthens in 1st Quarter of 2013
May 9, 2013 - In the first quarter of 2013, the National Association of Home Builders’ (NAHB) 55+ single-family Housing Market Index (HMI) increased 19 points on a year over year basis to 46, which is the highest first-quarter number recorded si...
Dateline: 2013-05-13 2:48pm -07:00T (429 words)
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Florida Real Estate Blog: After Dropping to Record Lows, Mortgage Interest Rates Climb This Week!
Today, 5/9/2013 Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.42%  up from 3.35% last week. The average interest rate for 15 year fixed-rate mortgages was 2.61%, up from 2.56% last week. A year ag...
Dateline: 2013-05-09 3:33pm -07:00T (447 words)
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Florida Real Estate Blog: Over 50% of Americans Believe Home Prices will Rise over Coming Year! More Optimism Noted!
WASHINGTON – May 8, 2013 – More than half of Americans now expect the country’s home prices to climb within the next year – a growing optimism toward the health of the housing industry.
The share of respondents to Fannie Mae’s April 2013 Natio...
Dateline: 2013-05-08 3:18pm -07:00T (319 words)
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Florida Real Estate Blog: March 2013 Home Prices Rise in Many Parts of the Country, Including Florida!
IRVINE, Calif. – May 7, 2013 – The March CoreLogic HPI (Home Price Index) report released today finds that prices nationwide increased 10.5 percent year-over-year in March – the biggest yearly increase since March 2006, and the 13th consecutive mont...
Dateline: 2013-05-07 4:03pm -07:00T (307 words)
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Florida Real Estate Blog: How Low Can They Go? Average Mortgage Interest Rates Drop Again!
Today, 5/2/2013 Freddie Mac reported that the average mortgage interest rate for 30 year fixed-rate mortgage was 3.35% down from 3.40% last week. The average interest rate for 15 year fixed-rate mortgages was 2.56%, down from 2.61% last week. A year ago ...
Dateline: 2013-05-02 4:17pm -07:00T (448 words)
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Florida Real Estate Blog: John Elwell's May 2013 Real Estate Newsletter is Ready for You!
My May 2013 Real Estate Newsletter is now available for download as a PDF (Adobe Acrobat) file that all computers should be able to open.
Just click on the following link to download this month's newsletter:
Download May 2013 Newslett...
Dateline: 2013-05-01 3:48pm -07:00T (147 words)
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Florida Real Estate Blog: Confidence of Florida's Consumers Continues to Increase in April of 2013
GAINESVILLE, Fla. – May 1, 2013 – Floridians’ consumer confidence rose three points to 79 in April – the second consecutive monthly increase, according to a new University of Florida (UF) survey.“Many economists … expected confidence to ero...
Dateline: 2013-05-01 2:33pm -07:00T (528 words)
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Florida Real Estate Blog: March 2013 Pending Home Sales a Bit Lower Due to Smaller Inventory
WASHINGTON – April 29, 2013 – Pending home sales increased in March and remain above year-ago levels, but contract activity in recent months shows only modest movement, according to the National Association of Realtors® (NAR).NAR’s Pending Home ...
Dateline: 2013-04-29 7:02pm -07:00T (273 words)
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Florida Real Estate Blog: Checklist for First-Time Home Buyers - Useful Information for You!
PROVIDENCE, R.I. – April 29, 2013 – Homeownership starts with a desire to achieve the American Dream – to have a home of one’s own. After that, however, pragmatic questions must be answered, such as how much a buyer can afford and whether a bank w...
Dateline: 2013-04-29 3:32pm -07:00T (468 words)
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