Existing-home sales bounced back strongly in September with first-time buyers driving much of the activity, marking five gains in the past six months, according to the National Association of Realtors®.
Florida’s existing home, condo sales up in September 2009
ORLANDO, Fla. – Oct. 23, 2009 – Florida’s existing home sales rose in September, which marks more than a year (13 months) that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®. September’s statewide sales also increased over sales activity in August in both the existing home and existing condominium markets.
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Sales
Tech takes home offices to extremes
WASHINGTON – Oct. 15, 2009 – Katy Leakey rises early in the morning, has breakfast with her husband, Philip, and heads to the 12-foot-by-12-foot office where she spends much of her workday.
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Office
Foreclosures, unemployment to peak in 2010
SAN DIEGO (AP) – Oct. 15, 2009 – Foreclosures will peak by the end of next year and unemployment will climb above 10 percent as the housing market and U.S. economy grapple with the aftermath of the recession, the Mortgage Bankers Association’s chief economist said Tuesday.
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Foreclosure
September housing construction rises 0.5 percent
WASHINGTON (AP) – Oct. 20, 2009 – Construction of new homes edged up slightly in September, helped by a rebound in single-family construction. However, in a worrisome sign for future housing work, applications for building permits fell by the largest amount in five months.
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Economics
Property tax appeals rise during economic decline
MIAMI – Oct. 20, 2009 – Even after years of sinking real estate prices, thousands of South Florida property owners are fighting to further deflate the values of their homes and businesses.
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Taxes
Government unveils new mortgage help for states
WASHINGTON – Oct. 20, 2009 – The Obama administration on Monday unveiled a new program to support state and local housing finance agencies. The plan will help the agencies finance mortgages for first-time homebuyers and develop rental housing.
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Finance
Small home fixes with big impact: Palm Beach County experts offer tips
WEST PALM BEACH, Fla. – Oct. 19, 2009 – When Randy Bianchi couldn’t find a tenant for one of his rental homes, he realized the house needed an edge to lure a renter in an overcrowded market. He made some interior repairs, then hit on the idea that finally attracted a tenant.
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Staging
Housing Tax Credit Working, So Keep Momentum Going, NAR Urges Congress
Washington, October 20, 2009 Consumers are just starting to see the first glimmers of a bright future for the housing market and the overall economy. It’s up to Congress to make that glimmer a reality by building on the momentum created by the $8,000 home buyer tax credit.
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Taxes
Why Real Estate Assessments Matter
By: Geoff Williams
Published: October 11, 2009
The real estate assessment letter you filed away unopened is the driving force behind how much you pay in property taxes.
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