Pinellas Property Online

1. Florida’s existing home, condo sales up at year end 2009
(Home News/National News)

... in November, down 4.4 percent from a year ago, according to the National Association of Realtors®. NAR housing industry analysts note that sales of foreclosures and other distressed properties continue ...

2. New Rules for Short Sales Released by the Government
(Home News/National News)

... to 1 year to market and sell the property No foreclosure may occur during the marketing period specified in the short sale agreement. Mortgage servicers may not charge fees to borrowers for participating ...

3. Treasury sets guidance to simplify" short sales"
(Information and Facts/Mortgages and Money)

The U.S. Treasury on Monday set long-awaited guidance on a plan for mortgage companies to speed "short sales" of homes and other loan modification alternatives to stem a rising tide of foreclosures. The ...

4. Florida’s existing home, condo sales up in October 2009
(Home News/Florida News)

... industry analysts with the National Association of Realtors® (NAR) note that sales of foreclosures and other distressed properties continue to downwardly distort the median price because they generally ...

5. Florida Home sales rise, unsold inventory drops
(Home News/National News)

... incredibly well priced, far below market value, and so the investors and first-time buyers are picking these properties up," Sebree said. Areas hit hard by foreclosures, including Fort Myers and Cape ...

6. New Wave of Foreclosure Homes Looms
(Home News/National News)

A second wave of foreclosures is poised to hit the market, potentially undermining housing recovery efforts as more homes add to the glut of inventory and drive down prices. These homes largely represent ...

7. Housing plan reaches 1 in 5 borrowers
(Home News/National News)

... was rejected this week, when a federal judge dismissed a class action lawsuit filed by a group of Minnesota homeowners who sought to block foreclosures in that state. The lawsuit claimed the program failed ...

8. Low prices draw investors back to market
(Home News/National News)

... were between ages 35 to 49. Of the 25.3 percent of buyers who are focusing on foreclosure properties, 42 percent regard the purchase they are considering an investment and don’t plan to live in the ...

9. Florida's existing home, condo sales up in 3Q 2009
(Home News/Florida News)

... statewide existing-home median sales price of $143,600. According to industry analysts with the National Association of Realtors® (NAR), sales of foreclosures and other distressed properties continue to ...

10. September Statistics Analysis - The Turn of the Market
(Home News/Pinellas County News)

... supply of inventory is down to 8 months If I had to name a point when the market appeared to be making a turn, it is February 2009. In spite of short sales and foreclosures, that was a definite point ...