Pinellas Property Online

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

... to clog the market, a broader recovery of housing prices remains elusive. Yet local Realtors point to the June housing report as more evidence the market is improving. Vernon Taylor, president of the ...

2. Vacation homes sales on the rise again after serious slump
(Home News/National News)

Americans are back in the second home market in significantly greater numbers, according to the National Association of Realtors. In this country, where most of the sales occurred, half of the vacation ...

3. International Interest in U.S. Homeownership Increases, Realtors Report
(Home News/National News)

... as well as recent immigrants and temporary visa holders, are estimated to have purchased $66 billion of U.S. residential property, or 7% of the residential market. Slightly more than a quarter of Realtors, ...

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

... reported by Realtors in the core Orlando market in May, 23 percent were short sales. They are called “short” sales because the sales price come up “short” of, or less than, the amount owed on the mortgage. ...

5. Officials launch ad campaign: Bay Area beaches are open
(Home News/Florida News)

... our situation," said Downing. "So we have to go back to markets that mean something to us." "It's very difficult to foresee an end to this, when the oil hasn't even begun to stop," said Keith Overton, ...

6. 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 ...

7. Florida’s existing home, condo sales rise in May
(Home News/Florida News)

... was $197,000. According to NAR's latest industry outlook, factors such as a return of buyer confidence, stabilizing home prices and an improving economy are supporting the market in the federal homebuyer ...

8. Super low mortgage rates
(Information and Facts/Mortgages and Money)

Economic data moved mortgage rates this week. Slower than expected economic growth data and tame inflation figures were favorable for mortgage markets. As a result, mortgage rates ended the week lower. ...

9. NAR Commends Senators for Offering Homebuyer Tax Credit Extension
(Home News/National News)

... who just entered into the market. These are buyers who previously met all the qualifications for the tax credit, but find themselves at the mercy of a work-flow jam with the lenders or other delays ...

10. Foreign buyers are flocking to Florida condos again
(Home News/Florida News)

... “The prices are just incredible and the Canadian dollar has been so strong.” At least three of five buyers in the Greater Downtown Miami condo market are coming from abroad, estimates Jenny Huertas, international ...