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

... 28%, reported working with at least one international client in the past year. This is a significant increase from the 2009 report, when 23% of Realtors worked with foreign clients. Eighteen percent of ...

3. 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. ...

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

... cancellations and bookings are down as much as 25 percent in Pinellas County alone. "What we've seen is that people are really waiting now until the last minute to make sure when they make that decision ...

5. Home price declines slowing in Tampa Bay area - Tampa Bay Business Journal
(Information and Facts/Pinellas Home Market)

Home prices, including distressed sales, in the Tampa Bay area dropped 2.6 percent in April compared with the year before, a bit better than the 4.1 percent fall in March, according to CoreLogic (NYSE: ...

6. Tampa home prices find balance in May
(Home News/Pinellas County News)

... just 1 percent compared with the year before on the heels of a 20 percent increase in sales from 2,427 units to just under 3,000, according to Florida Realtors. That was better than the state average, ...

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

Sales of existing homes in Florida rose 18 percent in May, marking 21 months that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida ...

8. Freddie Mac: Home Mortgage rates up from yearly lows
(Information and Facts/Mortgages and Money)

Rates on 30-year fixed mortgages ticked up this week from the lowest level of the year. Freddie Mac said Thursday that the average rate rose to 4.79 percent, up from 4.78 percent last week. A year ago, ...

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

... or someone’s uncle’s pool party can be a selling opportunity. Though most international buyers pay cash, there’s an international financing program at Marquis that has proven popular. Some 57 percent ...

10. Florida Home Sales Increase +27% in April
(Information and Facts/Mortgages and Money)

... Florida Realtors. Another positive sign: Last month's statewide existing-home median price of $140,100 was 1 percent higher than the statewide median price in April 2009. Existing home sales rose ...