Share Is the worst behind us? We think so. Record low interest rates, at an average of 3.89 percent for a 30-year fixed mortgage, are fueling the trend toward an increase in mortgage applications, stabilizing prices and lower inventory. According to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January [...]
Share Bank of America is offering Florida homeowners between $5,000 and $20,000 to short sale their homes rather than allowing them to be foreclosed on. To be eligible you must submit your short sale for approval to the bank by November 30, 2011, and the property must not have any offers already pending. Closing must occur [...]
Share We had a lot of great news in the last week regarding the Tamba Bay area housing market. First, inventory is way down, to a 6.2 month supply in May, down from a high of 20 months a couple of years ago. Second, foreclosures in Hillsborough and Pinellas counties in May were down between [...]
Share The St Pete Times ran a story this past Sunday about the big hit luxury, high end homes have taken in our down market. Our high end homes page currently shows 121 homes and condos for sale listed at $2,000,000 or higher in south Pinellas, from Clearwater south to Tierra Verde, and east to downtown St Petersburg. So [...]
Share Recent Home Sales in November 2010 for the St Petersburg barrier island towns of Belleair Shore, Indian Shores, Redington Beach, Madeira Beach, Treasure Island, St Pete Beach, Isla Del Sol and Tierra Verde.
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