Part two of a two-part look at how long term home ownership affects wealth accumulation. Palm Coast, FL – March 28, 2011 – Despite the national scope of the housing downturn, our look into the latest equity picture reminds us that real estate is incredibly local. For instance, 55 metropolitan areas have had positive price […]
DBRS said it has found a lack of consistency among courts who have addressed MERS’ legal standing in situations where a foreclosure is filed on a servicer’s property that is assigned to MERS. Palm Coast, FL – March 28, 2011 – Ratings agency DBRS says a lack of consistency when it comes to court rulings on […]
Part I of a two-part look at how long term home ownership affects wealth accumulation Palm Coast, FL – March 27, 2011 – NAR Research has looked at the equity a homeowner might have in a home owned for 5, 10, 15, and 20 years if it were purchased at the median price. This analysis […]
A weekly analysis of the economic data released during the past week, and how current economic conditions are affecting the real estate market. Palm Coast, FL – March 26, 2011 – Every week the Research staff analyzes key data releases and explain what they mean for you and your business. In this update, we give […]
Bulletin sets new foreclosure guidelines to begin April 1 Palm Coast, FL – March 25, 2011 – In a bulletin issued Wednesday, Freddie Mac instructed its mortgage servicer to stop foreclosing in MERS’ (Mortgage Electronic Registration System) name. Key excerpts from Freddie Mac Bulletin 2011-5: MERS Effective for Mortgages registered with MERS that are referred […]
Location, location, location. Palm Coast, FL – March 22, 2011 – The three most important factors in real estate are: Location Location Location Highlighting again how important location is in the real estate industry; Palm Coast, Flagler County and the State of Florida are not following regional and national sales trends closely. Look at local […]
Florida’s Agency for Workforce Innovation released Florida unemployment data by county today. Flagler’s rate is down from 16.2% to 14.9%. It was 15.6% last February. Palm Coast, FL – March 25, 2011 – According to a data released today by Florida’s Agency for Workforce Innovation, Flagler still leads all other Florida counties with an unemployment […]
Florida’s Pam Bondi, 3 other AGs sent letter Tuesday explaining among other claims that homeowners would strategically default on the mortgage in order to take advantage of consumer-friendly terms. Palm Coast, FL – March 24, 2011 Four Republican attorneys general participating in the investigation into mortgage servicing practices wrote a letter to Iowa AG Tom […]
Florida Realtors® Open House Weekend Is March 26-27 Palm Coast, FL – March 24, 2011 – In two days, Realtors® in Florida will open doors to homeownership through thousands of open houses being held across the state as part of Florida Open House Weekend, March 26-27, sponsored by Florida Realtors®. “This exciting event will help homebuyers […]
MyWCi is believed to be the first application of its kind for a homebuilder, and WCI Communities is the first known homebuilder to provide iPads to new customers, according to Pres and CEO David Fry. Palm Coast, FL – March 23, 2011 WCI Communities has introduced MyWCi, an application for Apple’s iPad device that enables […]