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Florida consumer confidence at two-year high The state's level unexpectedly rose in Jan. by five points. Biggest jump: whether it's a good time to buy big-ticket items. Read more. |
Visit my Website Pytha Realty Group, 1175 N Courtenay Pkwy, Suite 4A, Merritt Island, Fl. Call 321-799-8334 Cell 321-213-4831 EMAIL New video explains homebuyer tax credit Help buyers understand extension with this video on Florida Realtors' Homebuyer Center. It's animated, fun and informative. Read more.
There is no dignity quite
so impressive and no independence so important as living within your means. |
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Hello Everyone! Here we are in Feb., 2010 and the housing market seems to be stabilizing but still volatile. Hopefully, the worst is behind us and I see promising signs. Homes that are priced right are getting multiple offers and not just the foreclosures. There are definitely some deals out there. Remember, Real Estate is a sound investment at any stage of your life and having the right professional to help you along in the process is imperative. |
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President prepares loan program changes Administration will prod more lenders to slash the amount borrowers owe, a problem HUD calls "not easy to solve." Read more. |
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Housing Market Expected To Heat Up This Year - from WESH TV, 1/31/2010ORLANDO, Fla. -- Experts expect the housing market to heat up in 2010 nationwide and in central Florida. Although latest figures showed that the sales of previously owned homes fell in December, analysts said that could set the stage for better things in the housing industry this year. "We're 30 percent higher in closings now compared to this time last year," said Danny Williams, a Coldwell Banker Realtor. Williams said business has already picked up this year and he's been selling homes fast these days. "It was absolutely goofy for about three years. It's corrected itself now. And truly, if sellers will price them accordingly, they are sold," he said. Figures showed that home values fell close to 17 percent nationwide. In Orlando, home values fell an average of 19.5 percent from November 2008 to November 2009. "I think a lot of it has to do with our unemployment rate being a little over 11.5 percent," Williams said. He added that prices may continue to favor homebuyers as values are expected to make only gradual increases as the market continues to correct itself. "Now we are productive. We are writing offers and there are more contracts being signed," he said. The 17 percent drop in home prices came even though lawmakers decided to extend the first-time homebuyer tax credit program. The program ends on April 30 and gives first-time homebuyers an $8,000 credit on their taxes.
Lemon Tips |
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Serving the Space Coast. Specializing in Cocoa Beach, Cape Canaveral and Merritt Island |
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Newsletter Archive
12/17/2009 |
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