The latest edition of REALTOR magazine just arrived, and I found an article by the chief economist of the National Association of Realtors, Lawrence Yun, quite interesting. The article says that “the inventory of existing homes is at its lowest level in 7 years, while newly constructed home inventory has also hit a 50-year low […]
Ask a Realtor: Won’t I Get a Better Deal by Calling the Listing Agent?
Q: I am a Buyer and I’ve been working with a Realtor who’s shown me a few homes. I saw a house today that’s not even on the market yet but had a sign out front. Shouldn’t I just call the Listing Agent to see it? Won’t I get a better deal by going through […]
Is the Housing Market Better Off than 4 Years Ago?
Republicans and Democrats are taking sides about whether we are better off than they were four years ago – and who gets the blame or the credit. To help voters cut through the election spin, we checked in with Trulia, who had some facts on the housing market, comparing today with January 2009, when Obama […]
Fannie Mae Approved Condos: Station Square & Water’s Edge Clearwater
One of the challenges that many 1st time homebuyers find in the St. Petersburg and Clearwater condo market is that most buildings do not have FHA or Fannie Mae approval and thus do not qualify for low down payments. What this means is that somewhere between 20% to 50% down payment may be required – […]
Ask a Realtor: How Long After a Short Sale Before I Can Qualify for a Mortgage Again?
For many people, the decision between foreclosure vs. short sale is a tough one – and one factor that weighs on people’s minds is how long before they can buy a home again. This chart explains, based on different types of loans, the timeline before you can qualify for a mortgage again after a short […]
Just Sold: Cypress N’ Sun Condo for $340K on Indian Rocks Beach
One of my Seller clients just sold his unit at Holiday Villas 2, and upgraded to a remodeled unit at the Cypress N’ Sun condos just down Gulf Blvd. where he now has expansive Intracoastal Waterway views, a huge wrap-around patio deck and a partial beach views too. He purchased the unit for $340,000. Search […]
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