Pinellas Property Online

1. Florida home sales rise 8 percent in one month
(Home News/National News)

Bucking a national trend, Florida home sales continued percolating in June, rising almost 15 percent compared with a year ago and up nearly 8 percent in just one month. With foreclosures continuing ...

2. Short sales not immune to debt collectors
(Home News/National News)

... of financial hardship, and owners who have a second mortgage. “That’s going to be a huge problem moving forward in the next few years,” said Orlando lawyer Matt Englett, who specializes in home foreclosures. ...

3. Opposing view on real estate: It's still the American Dream
(Information and Facts/Buying a Home in Pinellas)

... lending practices and excessive risk-taking in the mortgage-backed securities market certainly played a significant role, and subsequent declines in home prices and increases in foreclosure rates have ...

4. Florida’s existing home, condo sales rise in April
(Information and Facts/Mortgages and Money)

... and lower levels of inventory. "Foreclosures have been feeding into the inventory pipeline at a fairly steady pace and are being absorbed manageably," said NAR Chief Economist Lawrence Yun. "With home ...

5. Survey: 4 in 10 homeowners would consider walking away from ‘underwater’ mortgage
(Home News/National News)

... more homeowners to walk away in the coming years as the stigma of foreclosure fades. This is the fifth such survey of consumer attitudes since 2008, but the first time questions about underwater mortgages ...

6. Florida’s existing home, condo sales up in 1Q 2010
(Home News/Florida News)

... for a decrease of 5 percent. According to industry analysts with the National Association of Realtors® (NAR), sales of foreclosures and other distressed properties continue to downwardly distort the median ...

7. Florida again No. 1 in mortgage fraud
(Information and Facts/Mortgages and Money)

... illicit funds. For example, 2009 saw record foreclosures in several major metropolitan areas, especially in Florida. That led to the emergence of several different types of foreclosure rescue scams. ...

8. Existing-Home Sales Rise on Home Buyer Tax Credit and Favorable Market Conditions
(Home News/National News)

...  ago, and is 21.7 percent below the record of 4.58 million in July 2008. “Foreclosures have been feeding into the inventory pipeline at a fairly steady pace and are being absorbed manageably,” Yun said. ...

9. Why does short sales takes so long?
(Home News/National News)

... sales bring more cash than foreclosures, and vice-versa. Which one it is depends on a host of factors, not the least of which is whether a lender has an agreement with the Federal Deposit Insurance ...

10. How to keep up with mortgage payments
(Information and Facts/Mortgages and Money)

The share of homeowners behind on their mortgages fell in the first quarter, the first drop in four years and a possible sign that the foreclosure crisis has peaked. The portion of mortgages that were ...