No surprise here. Some properties are listed in more than one MLS. A sale is counted in each one. Palm Coast, FL – December 14, 2011 The National Association of Realtors will restate four years of monthly home-sales data next week while leaving median prices unchanged. NAR is correcting what it called an “updrift” in […]
Florida has held the lead on the index, which tracks such activity as indictments and guilty pleas in criminal and civil cases, since the first quarter of this year. Palm Coast, FL – December 14, 2011 Florida retained its top ranking in the nation for mortgage fraud litigation through September as millions of dollars in […]
Here are some answers to commonly asked questions about the rebenchmarking process plus a video. Palm Coast, FL – December 14, 2011 – The National Association of Realtors® has announced that they will be revising home sales reported going back five years. Data methods used during that period caused home sales to be overstated. NAR […]
One out of three builders are reporting losing signed sales contracts during the preceding six months because appraisals on their homes are less than the contract sales price. Palm Coast, FL – December 9, 2011 – One out of three builders are reporting losing signed sales contracts during the preceding six months because appraisals on […]
If you missed these two segments last Sunday, watch them here plus a bonus segment. Well worth it. Palm Coast, FL – December 9, 2011 – 60 Minutes did two segments on mortgage fraud last Sunday. If you missed them, here they are, plus a bonus segment. They are worth watching. Sorry about the imbedded ads. […]
Numbers don’t lie by themselves, but they can with a little help. Often, housing market analysis is simply opinion supported by strategically selected facts. Palm Coast, FL – December 6, 2011 – Most media housing market analysis focuses on median selling price. The median selling price of all Flagler County single-family homes sold through MLS […]
U.S. Economists at Florida Realtors® 2012 Real Estate & Economic Event Palm Coast, FL – December 7, 2011 – Despite national and global headwinds, Florida’s real estate market is entering 2012 on an upward trend, according to three leading U.S. economists. “Our state is in a mini-recovery,” said Florida Realtors® Chief Economist Dr. John Tuccillo […]
Massachusetts has filed the first major lawsuit over so-called Palm Coast, FL – December 2, 2011 After a year of fruitless negotiations between major U.S. banks and the nation’s state attorneys general, Massachusetts has filed the first major lawsuit over so-called "robo-signing" foreclosure processing. Attorney General Martha Coakley filed suit against Bank of America [BAC 5.64 […]
Financial assistance for up to $80,000 may be available for a new roof, doors, windows, deteriorating plumbing, electrical, mold or other major rehab projects. Palm Coast, FL – December 1, 2011 – The City of Palm Coast is accepting applications from qualified individuals wishing to rehab their homes to elevate its value and help stabilize our […]
Pending home sales rose strongly in October and remain above year-ago levels, according to the National Association of Realtors®. Palm Coast, FL – November 30, 2011 – Pending home sales rose strongly in October and remain above year-ago levels, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based […]