Pinellas Property Online

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

... home buyers. In Florida, a huge backlog of foreclosures and short sales working through the system continue to pump up the total number of transactions. And many in the industry are wary of another pending ...

2. 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. ...

3. Florida Shopping Guide: Tampa Bay and St. Petersburg
(Community of Pinellas/About Leisure in Pinellas)

... with unique retail shopping, a variety of restaurants, the local fishing fleet, cruise lines, boat rentals, parasailing and jet skiing. The beach is a short stroll away. Conveniently located near St. Petersburg, ...

4. National Flood Insurance likely to expire
(Home News/National News)

... release guidance shortly, and NAR will post the guidance at www.realtor.org  ...

5. Freddie Mac: Mortgage rates hit yearly low
(Information and Facts/Mortgages and Money)

...  Treasury yields sank after Germany's move this week to curtail certain kinds of short-selling spooked investors, who shifted money from risky European debt to safer U.S. securities. A side effect ...

6. Weekly Economic Summary - April 23, 2010
(Information and Facts/Mortgages and Money)

... chairman Bernanke reiterated the Fed’s commitment to keep short-term interest rates low for some time to come. Though he expressed caution about the recovery, Mr. Bernanke suggested there are few worries ...

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

Nothing is more mercurial in today's Southwest Florida real estate scene than short sales. No one can fully explain why it remains such a difficult task to complete one short sale ...

8. Weekly Economic Summary - April 16, 2010
(Information and Facts/Mortgages and Money)

... provide a higher yield than it would have if they’d bought a short time ago. 2. Where is the upward “bump” in real estate sales we’ve been expecting that the approaching expiration of the $8,000 and ...

9. National Flood Insurance Program extended one month
(Home News/National News)

... “This is only a short reprieve,” he adds. The one-month extension gives Congress time to consider a broader initiative that would extend NFIP until the end of the year. In a Government Affairs Update, ...

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

It’s here, the much anticipated plan from the Treasury Department on how to streamline short sales was announced on Monday, November 30th. Since the Making Home Affordable program has been a miserable ...