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)

... reported. "34% were within 100 miles and 40% were more than 500 miles." The median transaction price of a vacation home rose slightly as well, from $150,000 to $169,000, which the Realtors association ...

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

... four states account for 53% of purchases and have remained the top destinations for the past three years, with Florida and California remaining the top two destinations. The median price paid by international ...

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

Home prices continue to stabilize in the Greater Tampa area as single-family sales climb. The median sales price for existing single-family homes in Tampa, St. Petersburg and Clearwater in May dropped ...

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

...  Realtors®. A total of 16,745 single-family existing homes sold statewide last month compared to 14,172 homes sold in May 2009, according to Florida Realtors. The statewide existing-home median price ...

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

...  Heading into a Fed meeting next week, the low inflation data released this week means that there is little pressure on the Fed to begin raising the fed funds rate. May Core Consumer Price Index (CPI) ...

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

... party or a small private dinner – but they are just as pumped. Lured by rock-bottom prices, international buyers are now flocking to buy Florida properties. It’s especially true in countries where the ...